Old Navy returns to growth after Gap's holiday earnings blow past estimates

Sales at Gap's largest banner Old Navy have been down for more than a year. The retailer reported a 6% jump in revenue over the holiday quarter. Gap shares pop as company's holiday earnings blow past estimates, Old Navy returns to growth. Gap also reported strong holiday sales over the quarter.

Sales at Gap's largest banner Old Navy have been down for more than a year. The retailer reported a 6% jump in revenue over the holiday quarter. Gap's holiday earnings blow past estimates for the first time in more than two years. Old Navy's sales were down 6% over the same period of year.