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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 | |
---|---|---|---|---|---|---|---|---|
-2.08 | -6.68% | 29.08 | 32.09 | 28.019 | 31.16 | 453,322 | 20:24:40 |
COLUMBUS, Ohio, Aug. 2, 2012 /PRNewswire/ -- Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 12 percent for the four weeks ended July 28, 2012, compared to the four weeks ended July 30, 2011. The company reported net sales of $649.8 million for the four weeks ended July 28, 2012, compared to net sales of $660.4 million last year.
(Logo: http://photos.prnewswire.com/prnh/20020520/CLM001LOGO )
The company reported a comparable store sales increase of 8 percent for the second quarter ended July 28, 2012, compared to the second quarter ended July 30, 2011. The company reported net sales of $2.399 billion for the second quarter ended July 28, 2012, compared to sales of $2.458 billion last year.
The company reported a comparable store sales increase of 8 percent for the 26 weeks ended July 28, 2012, compared to the 26 weeks ended July 30, 2011. The company reported net sales of $4.553 billion for the 26 weeks ended July 28, 2012, compared to sales of $4.675 billion last year.
July 2011, 2011 second quarter and 2011 year-to-date sales included $67.7 million, $216.6 million and $430.6 million, respectively, attributable to the third party apparel sourcing business, which was sold in November 2011.
The company now expects to report second quarter adjusted earnings per share of $0.46 to $0.48 cents versus its previous guidance of $0.40 to $0.45 cents.
Special and Regular Dividend
Consistent with its ongoing commitment to return value to shareholders, the company announced that its Board of Directors has declared a special dividend of $1 per share and its regular quarterly dividend of $0.25 per share, both of which will be paid on Sept. 7, 2012, to shareholders of record at the close of business on Aug. 23, 2012. With this distribution, the company will have returned over $13 billion to shareholders since 2000. This is the company's 151st consecutive quarterly dividend.
To hear further commentary provided on Limited Brands' prerecorded July sales message, call 1-866-639-7583 (1-866-NEWS-LTD), or log onto www.Limitedbrands.com for an audio replay. The company will report its second quarter earnings results after the close of the market on Aug. 15 and will conduct its second quarter earnings call at 9 a.m. Eastern on Aug. 16.
ABOUT LIMITED BRANDS:
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. The company's products are also available online at www.VictoriasSecret.com, www.BathandBodyWorks.com, www.HenriBendel.com and www.LaSenza.com.
Limited Brands b-roll footage of stores is available through our online newsroom.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Limited Brands, Inc. cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this press release or the July sales call involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," "planned," "potential" and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or the July sales call:
We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release or the July sales call to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. Additional information regarding these and other factors can be found in "Item 1A. Risk Factors" in our 2011 Annual Report on Form 10-K.
LIMITED BRANDSComparable Store Sales Increase (Decrease):
July 2012 |
July 2011 |
Second Quarter 2012 |
Second Quarter 2011 |
Year to Date 2012 |
Year to Date 2011 | |
Victoria's Secret Stores |
12% |
9% |
10% |
12% |
10% |
15% |
Bath & Body Works |
17% |
2% |
7% |
4% |
7% |
7% |
La Senza |
(5%) |
2% |
(3%) |
1% |
(2%) |
(1%) |
Limited Brands |
12% |
6% |
8% |
9% |
8% |
12% |
Victoria's Secret Direct Sales |
1% |
5% |
3% |
0% |
4% |
3% |
Total Sales (Millions):
Second |
Second |
Year-to-date 2012 |
Year-to-date 2011 | ||||
Victoria's Secret Stores |
$ 1,170.1 |
$ 1,063.6 |
$ 2,257.9 |
$ 2,050.1 | |||
Victoria's Secret Direct |
406.6 |
392.9 |
788.6 |
761.9 | |||
Total Victoria's Secret |
$ 1,576.7 |
$ 1,456.5 |
$ 3,046.5 |
$ 2,812.0 | |||
Bath & Body Works |
$ 609.1 |
$ 563.0 |
$ 1,114.1 |
$ 1,042.7 | |||
La Senza |
$ 94.9 |
$ 114.2 |
$ 170.2 |
$ 202.5 | |||
Total Other |
$ 118.4 |
$ 324.4 |
$ 222.1 |
$ 617.9 | |||
Limited Brands |
$ 2,399.1 |
$ 2,458.1 |
$ 4,552.9 |
$ 4,675.1 |
Total Company-Operated Stores:
Stores |
Year-to-date |
Stores | ||
Operating |
Operating | |||
at 1/28/12 |
Opened |
Closed |
at 7/28/12 | |
Victoria's Secret Stores |
1,017 |
12 |
(14) |
1,015 |
Bath & Body Works |
1,587 |
3 |
(9) |
1,581 |
Henri Bendel |
19 |
4 |
- |
23 |
Total United States |
2,623 |
19 |
(23) |
2,619 |
La Senza Canada |
230 |
- |
(33) |
197 |
Bath & Body Works Canada |
69 |
1 |
(1) |
69 |
Victoria's Secret Canada |
19 |
1 |
- |
20 |
Total Limited Brands |
2,941 |
22 |
(57) |
2,906 |
SOURCE Limited Brands, Inc.
Copyright 2012 PR Newswire
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