Banana Republic 2014 Annual Report Download - page 32

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20
A store is considered non-comparable (“Non-comp”) when it has been open and operated by Gap Inc. for less
than one year or has changed its selling square footage by 15 percent or more within the past year.
A store is considered “Closed” if it is temporarily closed for three or more full consecutive days or is permanently
closed. When a temporarily closed store reopens, the store will be placed in the Comp/Non-comp status it was in
prior to its closure. If a store was in Closed status for three or more days in the prior year, the store will be in Non-
comp status for the same days the following year.
Online Comp sales are defined as sales through online channels in all countries where we have existing Comp
store sales.
Current year foreign exchange rates are applied to both current year and prior year Comp sales to achieve a
consistent basis for comparison.
Store Count and Square Footage Information
Net sales per average square foot is as follows:
Fiscal Year
2014 2013 2012
Net sales per average square foot (1) $ 361 $ 365 $ 364
__________
(1) Excludes net sales associated with our online and franchise businesses.