AC600 Financial Management Capstone
Due Diligence Group Project Week 5
AC600 Financial Management Capstone: The Role of the CFO
Revenue
Gap Inc. sales have remained steady despite the economic downturn. In analyzing the financial statements, net sales for the brick and mortar segment (retail and outlet stores) increased 3% to $14.7 billion for fiscal 2010 compared to $14.2 billion for fiscal 2009. The net sales for the online segment (direct) and international increased 16% to $1.3 billion for fiscal 2010 compared to $1.1 billion for fiscal 2009.