(Filed Under Financial and General Interest News). Limited Brands Inc. reported a 10 percent decrease in store sales for the five weeks ended January 3, 2009 as compared with the same period in 2008.
Net sales were $1.644 billion for the five weeks ended January 3, 2009, compared to net sales of $1.744 billion for the five weeks ended January 5, 2008. For the 48 week period ended January 3, 2009, the company reported a store sales decrease of nine percent, putting net sales at $8.451 billion as compared with $9.461 billion for the same period of last year. The company forecasted that fourth quarter earnings will be between $.55 and $.70 per share.
Limited Brands Inc. operates 3,029 stores through Victoria's Secret, Pink, Bath & Body Works, C.O Bigelow, La Senza, White Barn Candle Co., and Henri Bendel. For more information, contact Amie Prestion: (614) 415-6704, firstname.lastname@example.org more
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