Limited Brands reports slight comps gain
COLUMBUS, Ohio Limited Brands reported comparable-store sales for the four weeks ended Sept. 1, increased 1% compared to the four weeks ended Sept. 2, 2006. The company reported net sales of $565.2 million for the month of August, compared to sales of $638.8 million for August 2006.
The company reported a comparable-store sales increase of 3% for the 30 weeks ended Sept. 1. Net sales were $5.5 billion compared to net sales of $5.17 billion last year.
The company said that 2007 net sales include Express sales through Aug. 6, the closing date of the sale of a majority interest to affiliates of Golden Gate Capital, and Limited Stores sales through Aug. 3, the closing date of the transfer of a majority interest to affiliates of Sun Capital Partners.