SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Gap Inc. (GPS) on Thursday reported fiscal fourth-quarter net income of $185 million.

The San Francisco-based company said it had profit of 49 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The clothing chain posted revenue of $4.3 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $4.21 billion.

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