Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at email@example.com in case you need any other additional information.
Second Quarter Results
Adjusted earnings per share for the second quarter ended July 28, 2012, were $0.50 compared to adjusted earnings per share of $0.48 for the quarter ended July 30, 2011. Second quarter adjusted operating income was $308.9 million compared to $307.0 million last year, and adjusted net income was $147.2 million compared to $150.7 million last year. Adjusted results exclude certain significant items as detailed below:
Including the significant items above, reported second quarter earnings per share were $0.49 compared to $0.73 last year; operating income was $305.3 million compared to $193.5 million last year; and net income was $143.6 million compared to $231.2 million last year.
Comparable store sales for the second quarter increased 8 percent, and net sales were $2.399 billion compared to $2.458 billion last year. Second quarter 2011 sales included $216.6 million attributable to the third party apparel sourcing business, which was sold in November 2011.
At the conclusion of this press release is a reconciliation of reported to adjusted results.
The company stated that it expects 2012 third quarter adjusted earnings per share to be $0.15 to $0.20 compared to adjusted earnings per share of $0.25 per share last year.
For 2012, the company expects earnings per share of $2.73 to $2.88 versus its previous guidance of $2.63 to $2.83.
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 Inc
| On 4th Jul 2020
Twenty UK retailers have signed a declaration to develop a road map...
| On 4th Jul 2020
Kenya's Thika Cloths Mills that was on the brink of closure following ...
Amazon, the largest online retailer, has joined CanopyStyle...
The S Studio
Ethnicwear market will see an upward trend if uniqueness and quality are...
Defining MSMEs on the basis of turnover makes it simpler to do business
Relaxation in FDI norms will support growth of retail sector
Established in 2005, SL Banthia Textiles manufactures coated fabrics....
Evolution St Louis is a company setting up a high-tech knitting facility...
Part of retail and hospitality conglomerate Landmark Group in Dubai,...
With forces in engineering and process development, Andritz Nonwoven...
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)
A team of researchers from the State University of New York (SUNY),...
Gramin Vikas Evam Chetna Sansthan
Ruma Devi is a jet-setting promoter of artisans who has empowered...
"You have to truly understand what your client wants, know her needs, what ...
Aditi Somani specialises in luxury fusion wear with international cuts and ...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.