The company’s net income slipped to $236 million, or 62 cents a diluted share, down from $274 million, or 72 cents, a year earlier. The dip in the net was due to a slight decline in margin and a difference in the timing of some SG&A expenses. Gross margin of 42.4 percent decreased 30 basis points versus last year. Merchandise margin decreased 70 basis points versus last year, inclusive of an estimated net tariff impact of approximately 190 basis points.Banana Republic saw its third-quarter net sales slip 1 ...