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Same-store sales drop at Limited Brands
10 Oct '08
1 min read
Limited Brands Inc reported a comparable store sales decrease of 6 percent for the five weeks ended Oct. 4, 2008 compared to the five weeks ended Oct. 6, 2007. The company reported net sales of $673.4 million for the five weeks ended Oct. 4, 2008 compared to net sales of $713.2 million last year.
The company reported a comparable store sales decrease of 7 percent for the 35 weeks ended Oct. 4, 2008. Net sales were $5.471 billion compared to net sales of $6.213 billion last year.
2007 net sales include Express sales through July 6, 2007, the closing date of the sale of a majority interest to affiliates of Golden Gate Capital, and Limited Stores sales through Aug. 3, 2007, the closing date of the transfer of a majority interest to affiliates of Sun Capital Partners.
The company reported a comparable store sales decrease of 7 percent for the 35 weeks ended Oct. 4, 2008. Net sales were $5.471 billion compared to net sales of $6.213 billion last year.
2007 net sales include Express sales through July 6, 2007, the closing date of the sale of a majority interest to affiliates of Golden Gate Capital, and Limited Stores sales through Aug. 3, 2007, the closing date of the transfer of a majority interest to affiliates of Sun Capital Partners.
Limited Brands Inc
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