Gap Inc. Q1 Income Advances

India, May 28 -- Gap Inc. (GAP) announced a profit for its first quarter that Increases, from last year

The company's earnings totaled $339 million, or $0.90 per share. This compares with $193 million, or $0.51 per share, last year.

Excluding items, Gap Inc. reported adjusted earnings of $145 million or $0.38 per share for the period.

The company's revenue for the period rose 0.9% to $3.49 billion from $3.46 billion last year.

Gap Inc. earnings at a glance (GAAP) :

-Earnings: $339 Mln. vs. $193 Mln. last year.-EPS: $0.90 vs. $0.51 last year.-Revenue: $3.49 Bln vs. $3.46 Bln last year.

-Guidance:Full year EPS guidance: $ 2.30 To $ 2.40Full year revenue guidance: 1 % To 2 %

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