Gap August Sales Rise 2% - Quick Facts

(RTTNews) - Gap Inc. (GPS) Thursday said sales for the month of August improved 3 percent to $1.23 billion from $1.20 billion in the same period last year. Comparable store sales for the month were up 2 percent, compared to a 9 percent increase last year.

"We continue to meet our goal of driving consistent positive comp sales growth, on top of last year's strong performance," said Glenn Murphy, chairman and chief executive officer of Gap Inc.

Gap Global and Banana Republic recorded comparable sales growth of 2 percent each for August, while Old Navy Global comparable sales grew 1 percent over last year.