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Limited Brands Company

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BUSINESS
May 17, 2005 | From Associated Press
Shares of Lowe's Cos. rose Monday after the nation's No. 2 home improvement retailer posted a 31% gain in its first-quarter profit. The earnings fell short of Wall Street's expectations, but investors appeared to accept the chain's explanation that an unseasonably cool March in key markets such as the Northeast was the chief culprit for it missing its guidance.
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BUSINESS
August 23, 2007 | From Times Staff and Wire Reports
Limited Brands Inc., owner of Victoria's Secret, said second-quarter profit more than doubled because of a gain from selling its Express clothing chain. Net income for the quarter ended Aug. 4 rose to $264.4 million, or 67 cents a share, compared with $113.1 million, or 28 cents, a year earlier, Limited said. Excluding one-time items, earnings were 20 cents a share, meeting analysts' estimates.
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BUSINESS
August 23, 2002 | Bloomberg News
Limited Brands' said second-quarter earnings rose 16% to $83.2 million, or 16 cents a share, as the owner of the Limited, Express and Victoria's Secret stores cuts costs and focuses on its best-selling items. The results beat analysts' average estimate of 12 cents, according to Thomson First Call. Sales fell 3.6% to $2.11 billion, reduced by the sale of the Lane Bryant chain last year. Same-store sales rose 4%. Shares of Columbus, Ohio-based Limited gained 30 cents to close at $16.
BUSINESS
June 23, 2007 | From Times Wire Services
Apparel retailer Limited Brands Inc. is doubling the size of its stock buyback program to $1 billion and cutting 10% of its corporate jobs as it restructures and sheds some of its famous chain stores. The Columbus, Ohio-based owner of Victoria's Secret and Bath & Body Works also said it was still exploring alternatives for its Limited Stores business and considering options regarding other core assets.
BUSINESS
August 23, 2007 | From Times Staff and Wire Reports
Limited Brands Inc., owner of Victoria's Secret, said second-quarter profit more than doubled because of a gain from selling its Express clothing chain. Net income for the quarter ended Aug. 4 rose to $264.4 million, or 67 cents a share, compared with $113.1 million, or 28 cents, a year earlier, Limited said. Excluding one-time items, earnings were 20 cents a share, meeting analysts' estimates.
BUSINESS
May 18, 2004 | From Bloomberg News
Limited Brands Inc., the No. 2 U.S. clothing retailer, said first-quarter earnings fell less than 1% from a year earlier, when it had a gain from selling a stake in a credit card issuer. Net income dropped to $96.6 million, or 19 cents a share, from $97.5 million, or 19 cents, a year earlier, the Columbus, Ohio-based company said. Sales rose 7.4% to $1.98 billion. Limited shares fell 59 cents to $19.29 on the NYSE.
ENTERTAINMENT
April 13, 2004 | Lynn Smith, Times Staff Writer
The ongoing broadcast decency battle has claimed another victim. The Limited Brands Inc. has decided to drop its televised Victoria's Secret fashion show this November, spokesmen for the lingerie chain and CBS confirmed Monday.
BUSINESS
June 23, 2007 | From Times Wire Services
Apparel retailer Limited Brands Inc. is doubling the size of its stock buyback program to $1 billion and cutting 10% of its corporate jobs as it restructures and sheds some of its famous chain stores. The Columbus, Ohio-based owner of Victoria's Secret and Bath & Body Works also said it was still exploring alternatives for its Limited Stores business and considering options regarding other core assets.
BUSINESS
November 18, 2005 | From Bloomberg News
Limited Brands Inc. reported a third-quarter loss Thursday, its first in at least 10 years, because of a decline in lingerie sales at Victoria's Secret and women's dress pants and shirts at its Express chain. The loss of $12.3 million, or 3 cents a share, compared with net income of $78.3 million, or 16 cents, a year earlier. Sales were unchanged at $1.89 billion, the Columbus, Ohio-based company said.
BUSINESS
February 2, 2012 | By Shan Li
Attracted by heavy winter sales and promotions, shoppers headed to the malls in January as retailers worked to clear their shelves in advance of the coming spring. Major chain stores posted an impressive 4.2% sales increase in January compared with the same month a year earlier, handily exceeding analysts' expectations of a modest 2% rise. Discounters and apparel sellers especially posted healthy sales increases, according to Thomson Reuters' tally of 20 retailers. Top performers were a mixture of high- and low-end stores.
BUSINESS
November 18, 2005 | From Bloomberg News
Limited Brands Inc. reported a third-quarter loss Thursday, its first in at least 10 years, because of a decline in lingerie sales at Victoria's Secret and women's dress pants and shirts at its Express chain. The loss of $12.3 million, or 3 cents a share, compared with net income of $78.3 million, or 16 cents, a year earlier. Sales were unchanged at $1.89 billion, the Columbus, Ohio-based company said.
BUSINESS
May 17, 2005 | From Associated Press
Shares of Lowe's Cos. rose Monday after the nation's No. 2 home improvement retailer posted a 31% gain in its first-quarter profit. The earnings fell short of Wall Street's expectations, but investors appeared to accept the chain's explanation that an unseasonably cool March in key markets such as the Northeast was the chief culprit for it missing its guidance.
BUSINESS
May 18, 2004 | From Bloomberg News
Limited Brands Inc., the No. 2 U.S. clothing retailer, said first-quarter earnings fell less than 1% from a year earlier, when it had a gain from selling a stake in a credit card issuer. Net income dropped to $96.6 million, or 19 cents a share, from $97.5 million, or 19 cents, a year earlier, the Columbus, Ohio-based company said. Sales rose 7.4% to $1.98 billion. Limited shares fell 59 cents to $19.29 on the NYSE.
ENTERTAINMENT
April 13, 2004 | Lynn Smith, Times Staff Writer
The ongoing broadcast decency battle has claimed another victim. The Limited Brands Inc. has decided to drop its televised Victoria's Secret fashion show this November, spokesmen for the lingerie chain and CBS confirmed Monday.
BUSINESS
November 21, 2003 | From Bloomberg News
Limited Brands Inc. said third-quarter earnings rose to $129.7 million after the firm sold its stake in Alliance Data Systems Corp. and received an interest refund from a tax settlement. Net income for the owner of the Express and Limited chains rose to 25 cents a share, from $15.8 million, or 3 cents, a year ago. Sales rose 4.5% to $1.85 billion, the Columbus, Ohio-based company said. Limited shares rose 36 cents to $17.85 on the NYSE.
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