Limited Brands news and archive

L Brands net sales in September increase 9 percent

REPORT_ L Brands reported net sales of 853.5 million dollars for the five weeks ended October 4, 2014, an increase of 9 percent, comparedto net sales of 786 million dollars same period, last year. Comparable store sales increased 6 percent during the month. The company reported net sales of 6.685 billion dollars for the 35 weeks ended October 4,...

Design

L Brands August sales improve by 9 percent

REPORT_ L Brands reported net sales of 765.3 million dollars for the four weeks ended August 30, 2014, an increase of 9percent. Comparable store sales increased 5 percent for the four weeks ended Aug. 30, 2014. The company reported net sales of 5.832 billion dollars for the 30 weeks ended August 30, 2014, an increase of 6 percent compared to net...

Design

L Brands Q2 net sales increase 6 percent

REPORT_ L Brands has reported earnings per share of 0.63 dollars for the second quarter ended August 2, 2014 compared to 0.61 dollars for the quarter ended August 3, 2013. The company reported net sales of 2.675 billion dollars for the quarter, an increase of 6 percent compared to sales of 2.516 billion dollars for the same quarter, last year....

Design

L Brands June sales increase 7 percent

REPORT_ L Brands reported net sales of 1.176 billion dollars for the five weeks ended July 5, 2014; an increase of 7percent, compared to net sales of 1.101 billion dollars for the five weeks ended July 6, 2013. Comparable store sales increased 2 percent for the five weeks ended July 5, 2014. The company reported net sales of 4.331 billion...

Design

L Brands net sales in May rise 4 percent

REPORT_ L Brands reported net sales increase of 4 percent to 763.6 million dollars for the four weeks ended May 31, 2014,compared to net sales of 737 million dollars for the four weeks ended June 1, 2013. Comparable stores sales increased 3 percent for the four weeks ended May 31, 2014. The company reported net sales of 3.155 billion dollars for...

Design

L Brands Q1 earnings up 10 percent

REPORT_ L Brands has reported that its earnings per share for the first quarter ended May 3, 2014,increased 10 percent to 0.53 dollars compared to 0.48 dollars for the quarter ended May 4, 2013. First quarter operating income was 336.1 million dollars compared to 311.2 million dollars last year, and net income was 157 million dollars compared to...

Design

L Brands Inc. preparing to expand in the UK and Middle East

L Brands Inc., parent company of Victoria's Secret, La Senza and Henri Bendel, revealed plans to open more Victoria's Secret stores in the UK and the Middle East this year. During a conference call which took place on Thursday discussing fourth quarter earnings and results, the company indicated that its Victoria's Secret flagship store in...

Design

L Brands regains Zacks’ confidence

“We believe that Limited Brands’ sustained focus on cost containment, inventory management, merchandise, and speed-to-market initiatives have kept it afloat in a sluggish consumer environment. The company’s foray into international markets is likely to provide long-term growth opportunities.” Analysts at Zacks have wanted to close the year...

Fashion

L Brands revises FY13 earning expectations upward

ANALYSIS_ L Brands, formerly Limited Brands, beats earnings expectations by 1 cent per share and revenue by 10 million dollars. For the full year, the company revised its expectations upward to between 3.06 and 3.21 dollars per share from its previous prediction of 2.95 to 3.15 dollars per share. Stuart B. Burgdoerfer, Chief Financial Officer,...

Fashion

Victoria´s Secret leads Limited Brands gains

Limited Brands has beaten Wall Street expectations of 2.6 same-stores sales growth with a 3 percent sales hike in February and led by the group lingerie divisions. Both Victoria´s Secret and La Senza reported comparable stores sales up by 5 percent. The increase was especially good news for La Senza, as this January was the first month when...

Design

Limited Brands sees sales increase

Limited Brands, the parent company of labels such as Victoria's Secret, La Senza and Henri Bendel, reported an increase in sales for comparable stores sales of 9 percent for the four weeks ended Jan. 28, 2012, compared to 2011. The company reported net sales of $774.5 million for the four weeks, up from $772.6 million last year. The company...

Fashion

Morningstar’s nod to Limited Brands

According to Morningstar latest research on Limited Brands, management has taken very slow and methodical steps to overseas expansion, which has proven successful. Victoria's Secret has some of the most impressive sales per selling square feet in the industry, forecast at $721 for 2011. “Limited's growth of its strong brands, particularly market...