Gap Hikes Fiscal 2013 Forecast On Strong 3Q; Shares Rise
Posted on November 15, 2012 at 16:31 PM EST
Thanks to rising fashion sense and better domestic sale, retail giant Gap (GPS ) has been one of the best turnaround stories of the year. That story continued on Thursday, when a bigger quarterly profit and sales led the company to raise its full-year financial forecasts, sending its stock price rising more than 3% to $34.30 [...]