Ohio based Limited Brands reported 2005-second quarter results.
Second Quarter Results
On a reported basis, earnings per share were $0.27 for the second quarter compared to $0.31 last year. Operating income was $203.9 million compared to $226.9 million last year, and net income was $113.1 million compared to $148.0 million last year.
On an adjusted basis, second quarter earnings per share were $0.27 compared to $0.29 last year, operating income was $203.9 million compared to $226.9 million last year, and net income was $113.1 million compared to $137.3 million last year.
Comparable store sales for the quarter ended July 30, 2005 were flat and net sales of $2.291 billion increased 4% compared to sales of $2.211 billion last year.
Year-to-Date Results
On a reported basis, earnings per share were $0.33 for the six months ended July 30, 2005 compared to $0.49 last year. Operating income was $252.2 million compared to $346.3 million last year, and net income was $136.2 million compared to $244.6 million last year.
On an adjusted basis, year-to-date earnings per share were $0.33 compared to $0.41 last year, operating income was $252.2 million compared to $346.3 million last year, and net income was $136.2 million compared to $205.1 million last year.
Comparable store sales for the six months ended July 30, 2005 decreased 2% and net sales of $4.266 billion increased 2% compared to sales of $4.189 billion last year.