Gap Inc. , experiencing healthy third-quarter comparable sales gains at its three big brands, feels good heading into the heart of the holiday season.
“We see growth across all income cohorts — low, middle and high,” said Richard Dickson, president and chief executive officer, in an interview with WWD. “And while we do study and see data that suggests there’s macro pressure, particularly on the low-income consumer, our customers are really responding to our price, value and style. Our offerings are breaking through the competitive landscape. So we’re feeling very confident and excited as we head into the holiday season.”
On Thursday, Gap Inc. reported net sales of $3.9 billion, up 3 percent from a year earlier. Comparable sales for the three months ended Nov. 1 rose 5 percent, marking t

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