S&P 500
7,614.00
-0.11%
Dow Jones
51,322.00
-0.10%
Nasdaq 100
30,637.60
-0.25%
Russell 2000
2,929.73
-0.11%
FTSE 100
10,379.60
-0.08%
Nikkei 225
68,464.20
+1.43%

Investing

Limited Stores Sales Rise 7% (LTD)

Photo of Paul Ausick
By Paul Ausick Published

Retailer Limited Brands Inc. (NYSE: LTD) reported December same-store sales increased by 7% compared with the same period in 2010. For the full year sales are up 10% over 2010.

Limited also revised its earnings guidance: “The company now expects to report adjusted fourth quarter earnings per share of $1.42 to $1.46 versus its previous guidance of $1.28 to $1.43 per share and $1.26 last year.”

The company noted that total sales for December were “negatively impacted” as a result of Limited’s November sale of its third-party apparel sourcing business.

Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

A Retail Bankruptcy and October Same-Store Sales (SYMS, COST, TGT, M, JWN, JCP, KSS, LTD, AEO, ZUMZ, BKE, WTSLA)

October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the…

Jon C. Ogg |

Dean’s Earnings, A Turnaround Yet? (DF)

Dean Foods Company (NYSE: DF) is finding that no good deed goes unpunished.  The dairy seller reported that adjusted earnings…

Douglas A. McIntyre |

Dominion Rises on Earnings (D)

Dominion Resources Inc. (NYSE:D) reported fourth quarter and full year results this morning, and the news was mixed. For the…

Jon C. Ogg |

Discounts & More Setting High Retail Expectations for February Data (LTD, KSS, JCP, CHS, TJX, COST, WMT)

Retail may be getting another good month of numbers for February 2011 if Retail Metrics is correct.  The research firm…

Douglas A. McIntyre |

Home Depot Sales Up–Light At End Of Housing Market

Home Depot (NYSE: HD) reported robust sales for its fiscal fourth quarter which ended January 29. Same-store sales in the…

Jon C. Ogg |

Holiday Retail Sales Growth Forecast — Half Last Year’s Total (TGT, M, JWN, JCP, DDS, LTD, GPS, SSI, ZUMZ, BKE, COST)

Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering…

Jon C. Ogg |

First Solar Earnings Face Headwinds (FSLR)

First Solar Inc. (NASDAQ: FSLR) is getting snubbed in the after-hours after the solar leader reported disappointing earnings.  The company…

Douglas A. McIntyre |

Amazon Shares, Hit By Bad Earnings, Collapse

Amazon.com (NASDAQ: AMZN) shares immediately dropped nearly 10% as it release earnings for its most recent quarter. Margins fell significantly…

Why DR Horton Earnings Are Not Impressing Investors
Paul Ausick |

Why DR Horton Earnings Are Not Impressing Investors

Homebuilder D.R. Horton on Monday reported better-than-expected profits and revenues for its fiscal first quarter and boosted its guidance.

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826