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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                 August 16, 2006
                        --------------------------------
                        Date of Report (Date of earliest
                                 event reported)

                            THE GYMBOREE CORPORATION
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               (Exact Name of Registrant as Specified in Charter)

            Delaware                   000-21250               94-2615258
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  (State or Other Jurisdiction        (Commission             (IRS Employer
       of Incorporation)               File No.)           Identification No.)

         500 Howard Street, San Francisco, CA                   94105
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       (Address of principal executive offices)               (Zip Code)

                                 (415) 278-7000
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              (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communication pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
     Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.02   RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         On August 16, 2006, The Gymboree Corporation issued an earning release
announcing its financial results for the second fiscal quarter ended July 29,
2006. A copy of the press release is attached hereto as Exhibit 99.1. The press
release should be read in conjunction with the note regarding forward-looking
statements, which is included in the text of the press release.

         The information furnished in this Current Report on Form 8-K, including
the exhibit attached hereto, shall not be deemed to be "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, except as expressly
set forth by specific reference in such filing.

ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS.

      (d)   Exhibits.

            Exhibit No.   Description
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               99.1       Earnings release of The Gymboree Corporation issued
                          August 16, 2006.



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                             THE GYMBOREE CORPORATION


Dated: August 16, 2006                       By:     /s/ BLAIR W. LAMBERT
                                                     ---------------------------
                                             Name:   Blair W. Lambert
                                             Title:  Chief Operating Officer and
                                                     Chief Financial Officer



                                  EXHIBIT INDEX

Exhibit No.   Description
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99.1          Earnings release of The Gymboree Corporation issued
              August 16, 2006.