News on Limited Brands Inc.

Stockhouse @ the Bell: Late day jump brings Dow into the green

2010-03-15T19:15:16Z

<div id="subtitle">Credit worries hurt markets across North America, although blue-chips staged a late-day turnaround on Wall Street.</div><div><p>Today on Stockhouse </p><p>Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. </p><p>Matt Badiali explains ho...

Limited Brands extends credit agreement

2010-03-08T16:00:10Z

<div id="subtitle">Limited Brands extends credit agreement by 2 years, reduces commitment amounts</div><div><p>The retailer Limited Brands Inc. said Monday it has amended its existing credit agreement, extending it by two years and reducing lender commitment amounts.</p><p>For consenting lenders, the company said the end date for their commitments was extended to Aug. 1, 2014, and the amount...

S&P maintains 'BB' rating on Limited Brands

2010-03-03T14:32:16Z

<div id="subtitle">Standard & Poor's maintains 'BB' rating for Limited Brands, boosts outlook to 'stable'</div><div><p>Standard & Poor's Ratings Services said Wednesday that it maintained its junk ratings on retailer Limited Brands Inc., saying the company will likely continue to face sales pressures through the first half of the year as customers hold on to their wallets.</p><p...

Limited Brands sets dividend of 15 cents per share

2010-02-22T11:10:11Z

<div id="subtitle">Limited Brands declares quarterly dividend of 15 cents per share payable next month</div><div><p>Clothing retailer Limited Brands Inc. says it will pay a quarterly dividend of 15 cents per share.</p><p>The dividend will be payable March 12 to shareholders of record as of Feb. 26, the company said Thursday.</p>&a...

Zale CEO, others quit amid losses; shares slide

2010-02-22T20:48:12Z

<div><p>NEW YORK (Reuters) - Struggling jewelry chain Zale Corp &lt;ZLC.N&gt; said on Wednesday that its chief executive officer and other top executives have left the company in a management shakeup designed to "help return the company to profitability."</p><p>Zale said that in addition to CEO Ne...

Limited Brands CFO to join Progressive board

2010-02-23T16:07:53Z

<div id="subtitle">Limited Brands CFO Stuart Burgdoerfer to fill vacancy on Progressive board</div><div><p>Auto insurer Progressive Corp. said Monday that Stuart Burgdoerfer, chief financial officer of retailer Limited B...

Limited Brands Oct. same-store sales fall

2010-02-24T09:38:03Z

<div id="subtitle">Limited Brands posts 4 percent drop in October sales at stores open at least a year</div><div><p>Limited Brands Inc. said Thursday its October sales at stores open at least a year dropped 4 percent, falling short of Wall Street predictions.</p><p>Analysts polled by

Limited sees October sales below expectations

2010-02-24T14:10:54Z

<div><p>SAN FRANCISCO (Reuters) - Limited Brands Inc &lt;LTD.N&gt; said on Monday that its third-quarter results should be better than its previous forecast, although its October sales are trending below earlier expectations.</p><p>Th...

Clothing makers beat estimates, but outlooks mixed

2010-02-25T18:08:03Z

<div><p>SAN FRANCISCO (Reuters) - Phillips-Van Heusen Corp &lt;PVH.N&gt;, Gymboree Corp &lt;GYMB.O&gt; and Hot Topic Inc &lt;

Earns Limited Brands

2009-08-19T16:00:38Z

A customer shops in a Victoria's Secret, a Limited Brands store, Tuesday, Aug. 18, 2009, in Tallahassee, Fla. Specialty retailer Limited Brands Inc. reports fiscal second-quarter results after the market closes Wednesday. (AP Photo/Phil Coale)

Profit falls in 2nd qtr at Victoria's Secret owner

2010-02-25T18:08:01Z

<div id="subtitle">Profit at Limited Brands, owner of Victoria's Secret, falls 27 pct in 2Q but beats forecast</div><div><p>Limited Brands Inc., which operates Victoria's Secret and Bath and Body Works,...

July sales drop shows retail pressure continues

2010-02-25T23:45:04Z

<div><p>CHICAGO (Reuters) - U.S. retailers reported their 11th straight month of sales declines in July as shoppers continued to search for bargains and basics in the downturn.</p><p>Still, chains including SAN FRANCISCO (Reuters) - Investors overlooked weak July sales results from some U.S. apparel chains and sent the shares of battered names such as Gap Inc &lt;GPS.N&gt;, Reuters) - June sales fell for most U.S. retailers as the plunging job market and cool, rainy weather dampened interest in summer shopping for consumers, triggering concern about the back-to-school season.</p><p>But some retailers stuck to their forecasts, or even raised their outl...

Most U.S. retailers likely saw sales fall in May

2010-02-27T03:09:09Z

<div><p>CHICAGO (Reuters) - Despite Memorial Day sales, warmer weather and deals such as $1 flip-flops, most U.S. retailers are expected to post declines in same-store sales in May as shoppers kept hunting for bargains in the recession.</p><p>Department stores and chains catering to trendy teens likely suffered...

Limited Brands reports surprise profit, shares up

2010-02-27T07:58:52Z

<div><p>NEW YORK (Reuters) - Limited Brands Inc &lt;LTD.N&gt; on Wednesday reported a surprise quarterly profit as cost cuts offset softer sales at the operator of the Victoria's Secret and Bath &amp; Body Works chains.&am...

Limited Brands CEO pay package rises 32 pct

2010-03-03T14:18:41Z

<div><p>The chairman and chief executive of Limited Brands Inc., which operates Victoria's Secret and Bath &amp; Body Works specialty chains, received compensation valued at almost $6.9 million in 2008, up 32 percent from a year ago, according to an analysis of a regulatory filing.</p>&...

Retailers cut costs as 4Q profits drop

2010-03-01T07:51:19Z

<div id="subtitle">Retailers cut jobs, curtail expenses and open fewer stores to face difficult 2009</div><div><p>Retailers seeing their profits plummet outlined more strategies on Thursday that they hope will help them weather a desolate year.</p><p>Sears Holdings is closing stores and may shut down more if things don't improve. Ga...