Athleta Finishes 2019 Just Shy of $1 Billion
Athleta sales, which parent GPS now breaks out separately, increased 10% to $288 million from $263 million in the fourth quarter and were up 11% in 2019 to $978 million from $881 million, with operating income said to be up low-double digits. Comp store sales increased 2% in Q4 against 7% in Q4 ’18, and were up 5% for the full year lapping a 9% increase in 2018. Gap opened 29 Athleta stores last year, ending with 190, and plans to open about 20 new stores for the banner ... Log in to view full article.
