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Limited Brands: Sales Down 12%

(Filed Under Financial and General Interest News). Limited Brands, Inc., announced a comparable store sales decrease of 12 percent for the four weeks ended November 29, 2008, compared to last year. The company reported net sales of $755.6 million for the four weeks in 2008 compared to net sales of $858.7 million last year.

The company also reported a comparable store sales decrease of eight percent for the 43 weeks ended November 29, 2008. Net sales were $6.807 billion compared to last year's sales of $7.17 billion.

As of November 2008, through Victoria's Secret, La Senza, Bath & Body Works, Henri Bendel, and Bath & Body Works Canada, Limited Brands currently operates 3,030 specialty stores compared to 2,926 in February 2008. The company opened 143 new stores and closed 39.

more Financial and General Interest News >>

Published 12-04-2008 by Bruna Fernandes

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Limited Brands: Sales Down 12%

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