Limited Brands Beats Sales Estimates
Limited Brands said same-store sales in February rose 10%, beating the estimate of analysts.
COLUMBUS, Ohio (
) --
Limited Brands
(LTD)
said February same-store sales rose 10%, beating the estimate of analysts.
Analysts surveyed by Thomson Reuters expected Limited Brands, the owner of Victoria's Secret and Bath & Body Works, to post a same-store sales increase of 9.7%.
Limited Brands had net sales of $600.1 million for the four weeks ended Feb. 27, compared with $547.8 million last year.
-- Reported by Andrea Tse in New York
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