gap inc. reports second quarter results

Comparable sales rose 13%, led by 95% online net sales increase year-over-year 18% year-over-year net sales decline driven by COVID-19 related store closures Acquired 3.5 million new customers through our online channel, representing over 165% growth in new online customer acquisition year-over-year Ended the quarter with $2.2 billion in cash and cash equivalents, an increase of over $1 billion versus prior quarter SAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS), a collection of purpose-dr