Gap Reports July 2010 Comps Up 1%

Comps for Gap North America declined 6% compared to a decline of 9% in the prior year. Comps for Banana Republic North America increased 2% compared to a decline of 7% in the prior year. Old Navy North America reported positive 6% comps as compared to a negative 8% in the prior year. Comps for the international markets increased 3% as compared to a decline of 4% in the prior year.