Store sales increased 4% compared to last year.

full year margin: “Full Year Fiscal 2024 Full Year Fiscal 2024 Outlook Full Year Fiscal 2023 Results Net sales Roughly flat on a 52-week basis $14.9 billion Gross margin At least 50 bps expansion 38.8% Operating expense Approximately $5.1 billion $5.17 billion (adjusted) Operating income Low-to-mid teens growth $606 million (adjusted) Effective tax rate Approximately 28% 9.7% Capital expenditures Approximately $500 million $420 million First Quarter Fiscal 2024 First Quarter Fiscal 2024 Outlook First Quarter Fiscal 2023 Results Net sales Roughly flat $3.3 billion Gross margin At least 100 bps expansion 37.2% (adjusted) Operating expense Approximately $1.2 billion $1.20 billion (adjusted) Webcast and Conference Call Information Emily Gacka, Director of Investor Relations at Gap Inc., will host a conference call to review the company’s fourth quarter and fiscal year 2023 results beginning at approximately 2:00 p.m.”