Gap Inc (NYSE:GPS) shares rose in after-hours trading following the release of their Q3 financial results, which surpassed analyst expectations. Earnings were reported at 59 cents per share, beating the consensus of 18 cents. Quarterly sales reached $3.767 billion, exceeding estimates of $3.610 billion but showing a 7% decrease from the previous year. Online sales dropped by 8% and store sales by 6% year-over-year. The company forecasts Q4 net sales to be flat or slightly negative compared to $4.2 billion last year, and full-year 2023 sales to decline in the mid to single-digit range from $15.6 billion. CEO Richard Dickson highlighted market share gains and improvements in margins.