Gap (NYSE:GAP) reported quarterly earnings of $0.45 per share which missed the analyst consensus estimate of $0.46 by 1.1 percent. This is a 16.67 percent decrease over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $4.236 billion which missed the analyst consensus estimate of $4.244 billion by 0.19 percent. This is a 2.10 percent increase over sales of $4.149 billion the same period last year.