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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 | |
|---|---|---|---|---|---|---|---|---|
| -2.31 | -7.40% | 28.855 | 32.09 | 28.019 | 31.16 | 424,661 | 20:04:58 |
From Jul 2019 to Jul 2024
By Tess Stynes
Limited Brands Inc. (LTD) raised its fiscal third-quarter earnings forecast as the retailer posted net sales growth that narrowly topped expectations and 5% same-store sales growth.
The parent of Victoria's Secret and Bath & Body Works now expects per-share earnings of 23 cents to 25 cents, compared with its prior view for 15 cents to 20 cents. Limited also expects quarterly net sales of $2.05 billion. Analysts polled by Thomson Reuters recently expected revenue of $2.04 billion.
The retailer's October same-store sales rose 3%, below analysts' recent expectations for same-store sales growth of 5%.
Limited Brands in August reported that fiscal second-quarter profit fell 38% on fewer one-time gains and slightly weaker sales.
The retailer plans to release its fiscal third-quarter financial results on Nov. 14.
Shares closed Wednesday at $47.89 and were inactive premarket. The stock is up 19% this year.
Write to Tess Stynes at Tess.Stynes@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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