Home / Knowledge / News / Apparel/Garments / Limited Brands posts slight hike in FY'13 sales
Limited Brands posts slight hike in FY'13 sales
07
Feb '13
Limited Brands, Inc. reported comparable store sales for the five weeks ended Feb. 2, 2013 increased 9% compared to the five weeks ended Feb. 4, 2012. The Company reported net sales of $986.4 million for the five-week period ended Feb. 2, 2013 compared to sales of $774.5 million for the four-week period ended Jan. 28, 2012.  The fifth week in January 2013 represented approximately $125 million in sales.

Comparable store sales for the 14 week fourth quarter ended Feb. 2, 2013 increased 5% compared to the 14 weeks ended Feb. 4, 2012.  Net sales were $3.856 billion for the 14 week fourth quarter ended Feb. 2, 2013 compared to $3.515 billion for the 13 weeks ended Jan. 28, 2012.

The Company reported a comparable stores sales increase of 6% for the 53 week year ended Feb. 2, 2013, compared to the 53 weeks ended Feb. 4, 2012. Net sales were $10.459 billion for the 53 week year ended Feb. 2, 2013 compared to $10.364 billion for the 52 weeks ended Jan. 28, 2012.

Fourth quarter 2011 and 2011 full year sales included $13.1 million and $702.4 million attributable to the third party apparel sourcing business, which was sold in November 2011.

The Company is comfortable with the current street consensus estimate for 2012 fourth quarter adjusted earnings per share of $1.73.

ABOUT LIMITED BRANDS:

Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 2,619 specialty stores in the United States and its brands are sold in more than 700 company-operated and franchised additional locations world-wide. 

Limited Brands

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X