Limited Stores Sales Rise 7% (LTD)

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

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.

Contact [email protected] for any questions or corrections.

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

GS Vol: 1,212,005
CRWD Vol: 2,956,456
MPWR Vol: 129,236
VST Vol: 1,374,794
NTAP Vol: 508,541

Top Losing Stocks

IBM
IBM Vol: 25,324,762
CTRA Vol: 73,319,495
BIIB Vol: 804,687
HCA Vol: 1,591,495
SYK Vol: 851,545