Article: Limited Brands earnings flat from a year ago


AP Worldstream
05-17-2004
Dateline: COLUMBUS, Ohio
Limited Brands said Monday that its first-quarter earnings were flat from a year ago when the retailer sold half its interest in a company that provides services for retailers and other companies.

The operator of such chains as Victoria's Secret and Bath and Body Works said it made $96.6 million, or 19 cents a share, for the quarter that ended May 1 compared with profits of $97.5 million, or 19 cents a share, a year ago.

Revenue increased 7 percent to $2 billion from $1.8 billion a year ago. Sales at stores opened at least a year, considered the best indicator of a retailer's strength, were up 8 percent for the quarter.

The company reported a ...

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