Limited Brands Inc reported a comparable store sales decrease of 12 percent for the four weeks ended Nov. 29, 2008, compared to the four weeks ended Dec. 1, 2007. The company reported net sales of $755.6 million for the four weeks ended Nov. 29, 2008 compared to net sales of $858.7 million last year.
The company reported a comparable store sales decrease of 8 percent for the 43 weeks ended Nov. 29, 2008. Net sales were $6.807 billion compared to net sales of $7.717 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, through Victoria's Secret, Pink, Bath & Body Works, C.O. Bigelow, La Senza, White Barn Candle Co. and Henri Bendel, presently operates 3,030 specialty stores.
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