Gap raised its fiscal 2024 sales guidance to a growth of 1.5% to 2%, following better-than-expected results despite challenges from storms and warm weather. The company reported a net income of $274 million, with sales reaching $3.83 billion, up 2% year-over-year. Old Navy's sales grew 1%, while Gap and Athleta saw positive comparable sales, indicating a strong start to the holiday shopping season.
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