(Filed Under Financial and General Interest News). Limited Brands, the parent company of Victoria’s Secret, reported a 9 percent decrease in comparable store sales for the second quarter ended August 1st, 2009 compared to last year’s second quarter. Net sales totaled at $2.067 billion compared to $2.284 billion last year.
Adjusted earnings per share were 19 cents compared to 27 cents. Adjust second quarter operating income was $148.6 million compared with $185.2 million, and adjusted net income was $60.3 million compared to $93.9 million.
The company also released third quarter guidance of a loss per share of 7 to 12 cents compared to earnings per share of 1 cent last year. For fiscal 2009, the company expects adjusted earnings per share of between 75 and 90 cents.
Limited Brands sells intimates, apparel, beauty products, and accessories under the Victoria’s Secret; Pink; Bath
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