The company reported net sales of $2.171 billion for the 13 weeks ended Nov. 2, 2013, an increase of 6 percent compared to net sales of $2.050 billion for the 13 weeks ended Oct. 27, 2012. The company reported a comparable store sales increase of 3 percent for the 13 weeks ended Nov. 2, 2013, compared to the 13 weeks ended Nov. 3, 2012.
The company reported net sales of $6.955 billion for the 39 weeks ended Nov. 2, 2013, an increase of 5 percent compared to net sales of $6.603 billion for the 39 weeks ended Oct. 27, 2012. The company reported a comparable store sales increase of 3 percent for the 39 weeks ended Nov. 2, 2013, compared to the 39 weeks ended Nov. 3, 2012.
The company expects to report third quarter earnings per share at the high end of its previous guidance of $0.23 to $0.28. The company will report third quarter earnings on Nov. 20 after the close of the market and will conduct its third quarter earnings call at 9 a.m. Eastern on Nov. 21.
ABOUT LIMITED BRANDS:
Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company. The company operates 2,655 specialty stores in the United States and its brands are sold in about 800 company-operated and franchised additional locations world-wide.
Limited Brands
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!