(Reuters) – Gap Inc reported a surprise rise in quarterly comparable sales on Tuesday, powered by online demand for its Athleta athleisure wear and Old Navy affordable apparel from stuck-at-home customers.
Third-quarter comparable sales rose 5%, compared with the average analyst estimate of a 0.62% fall, according to IBES data from Refinitiv.
(Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj Kalluvila)
