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L Brands, Inc.
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Fashion/Beauty

Limited Brands reports second quarter 2013 earnings

August 21st, 2013 by ,    photos by limitedbrands.com

Press release - L Brands, Inc. (LTD) - August 21, 2013

 
 

COLUMBUS, Ohio, Aug. 21, 2013 /PRNewswire/ -- Limited Brands, Inc. (now known as L Brands, Inc.) (NYSE: LTD) today reported 2013 second quarter results.

Second Quarter Results

Earnings per share for the second quarter ended Aug. 3, 2013, increased 22% to $0.61 compared to adjusted earnings per share of $0.50 for the quarter ended July 28, 2012.  Second quarter operating income was $357.8 million compared to an adjusted $308.9 million last year, and net income was $178.9 million compared to an adjusted $147.2 million last year.  Adjusted results exclude one significant item as detailed below:

  • In 2012:  A pre-tax charge of $3.6 million, or $0.01 per share, related to La Senza store closures.

Including the significant item above, reported 2012 second quarter earnings per share were $0.49; operating income was $305.3 million; and net income was $143.6 million.

The company reported net sales of $2.516 billion for the 13 weeks ended Aug. 3, 2013, an increase of 5 percent compared to sales of $2.399 billion for the 13 weeks ended July 28, 2012. The company reported a comparable store sales increase of 2 percent for the 13 weeks ended Aug. 3, 2013, compared to the 13 weeks ended Aug. 4, 2012.

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Stock Market

Limited Brands reports July 2013 sales and raises second quarter earnings guidance to $0.60 per share

August 8th, 2013 by ,    photos by limitedbrands.com

Press release - Limited Brands (LTD) - August 8, 2013

 
 

COLUMBUS, Ohio, Aug. 8, 2013 /PRNewswire/ -- Limited Brands, Inc. (now known as L Brands, Inc.) (NYSE: LTD) reported net  sales of $678.4 million for the four weeks ended Aug. 3, 2013, compared to net sales of $649.8 million for the four weeks ended July 28, 2012.  The company reported a comparable store sales increase of 3 percent for the four weeks ended Aug. 3, 2013, compared to the four weeks ended Aug. 4, 2012.

The company reported net sales of $2.516 billion for the 13 weeks ended Aug. 3, 2013, an increase of 5 percent compared to sales of $2.399 billion for the 13 weeks ended July 28, 2012.  The company reported a comparable store sales increase of 2 percent for the 13 weeks ended Aug. 3, 2013, compared to the 13 weeks ended Aug. 4, 2012. 

The company reported net sales of $4.784 billion for the 26 weeks ended Aug. 3, 2013, an increase of 5 percent compared to sales of $4.553 billion for the 26 weeks ended July 28, 2012.  The company reported a comparable store sales increase of 2 percent for the 26 weeks ended Aug. 3, 2013, compared to the 26 weeks ended Aug. 4, 2012.

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Stock Market

Limited Brands invites you to listen to its June 2013 sales report webcast

July 1st, 2013 by ,    photos by limitedbrands.com

Press release - Limited Brands (LTD) - July 1, 2013

 
 

COLUMBUS, Ohio, Jul. 1, 2013 -- In conjunction with Limited Brands' June sales release, you are invited to listen to a pre-recorded broadcast of the June sales report with Amie Preston, Chief Investor Relations Officer for Limited Brands (NYSE: LTD).  The broadcast will be available on the Internet on Thursday, Jul. 11, at 7:30 a.m. ET.  

What:   Limited Brands June Sales Report

When: 7:30 a.m. ET on Thursday, Jul. 11, 2013

Where: http://www.limitedbrands.com/

How:   Simply log on to the Web at the address above or dial 1-866-NEWS-LTD (866-639-7583).    

There is no security passcode.

To access the broadcast, click on the June sales webcast link on the homepage.  The call will be also archived on www.LimitedBrands.com.  

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 Full press release