Gap Profit Tops Estimates on North American Sales
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Gap Inc., the biggest U.S. specialty-apparel retailer, rose after posting fourth-quarter profit that topped analysts’ estimates, fueled by its best holiday shopping season in six years.
Gap climbed 1.4 percent to $33.37 at 10 a.m. in New York. The shares gained 6.1 percent this year through yesterday after a 67 percent increase in 2012.