By and  on November 21, 2013

Despite some “consumer fatigue” and the heavy promotional environment, Gap Inc. narrowly exceeded analysts’ expectations for third-quarter earnings with a 9.4 percent increase in net income.

However, the San Francisco-based retailer’s reaffirmation of full-year guidance implied earnings per share were below analysts’ consensus estimates for the year’s final three months, sending shares lower in after-hours trading.

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