Limited sees comps boost
COLUMBUS, Ohio — Limited Brands reported that comparable-store sales for the fourth quarter were up 5% and that net sales for the same period were $3.86 billion compared with $3.5 billion for the same period last year.
For the month of February, the company posted sales of $986.4 million compared with $774.5 million for the same period last year. Same-store sales for the month rose 9%.
The company reported a comparable-stores sales increase of 6% for the year ended Feb. 2, 2013, compared to the 53 weeks ended Feb. 4, 2012. Net sales were $10.459 billion for the year compared with $10.364 billion for the year ended Jan. 28, 2012.
The company expects to report fourth quarter earnings per share of $1.73.