Gap (GPS)

Capital Expenditures and Effective Tax Rate

Fiscal year-to-date capital expenditures were approximately $233 million compared with $275 million last year. The second quarter tax rate was 37.5 percent. The company continues to expect capital spending to be about $675 million in 2006 and the effective tax rate to be about 39 percent for 2006.

Capital Expenditures and Effective Tax Rate

First quarter capital expenditures were approximately $91 million and the first quarter effective tax rate was 38.6 percent. The company continues to expect capital spending to be about $675 million in 2006 and the effective tax rate to be about 39 percent for 2006.

Capital Expenditures and Effective Tax Rate

Fiscal year 2005 capital spending was $600 million. The company expects capital spending to be about $675 million in 2006 and the effective tax rate to be about 39 percent for 2006.

Capital Expenditures and Effective Tax Rate

The company expects capital spending to be about $625 million in 2005. Full-year 2004 capital spending was $441 million. The company said that it expects an effective tax rate of 38 to 39 percent for 2005.