Gap’s Disastrous Losing Streak Drags On

Gap Inc’s gps shares tumbled 9% on Thursday after hours as the struggling clothier reported comparable sales declines for March at its three biggest brands, casting doubt on Wall Street it will shake its long-lasting doldrums.

At its namesake chain, comparable sales fell 3%, while at Banana Republic, still reeling from the effects of being too fashion forward, it was another bloodbath, with a 14% drop. Even the once mighty Old Navy, which generates...

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