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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| LandBridge Company LLC | NYSE:LB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.91 | -6.13% | 29.25 | 32.09 | 28.019 | 31.16 | 589,818 | 00:22:37 |
From Jul 2019 to Jul 2024
Limited Brands Inc. (LTD) sharply boosted its fiscal third-quarter profit target as it reported October same-store sales jumped a bigger-than-expected 9%.
The results come as the parent of Victoria's Secret and Bath & Body Works has been seeing a resurgence of late after struggling during the recession. Analysts, surveyed by Thomson Reuters, were expecting same-store sales for last month to rise 6% after a 4% decline a year earlier.
As such, Limited now expects earnings for the quarter ended Saturday of 15 cents to 17 cents a share, compared with August's view of 3 cents to 8 cents. Results for the period will be released Nov. 17.
The quarter's sales increased 12% to $1.98 billion--analysts were expecting $1.95 billion--as same-store sales climbed 10%.
Shares closed Wednesday at $29.84 and were inactive premarket. The stock has surged 55% this year.
-By Kevin Kingsbury; Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com
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