Limited Brands (LTD) Reports 9% Drop in June Same-Store Sales
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Limited Brands, Inc. (NYSE: LTD) reported comparable store sales for the five weeks ended July 5, 2008, decreased 9% compared to the five weeks ended July 7, 2007. The company reported net sales of $1.022 billion for the five weeks ended July 5, 2008, compared to net sales of $1.205 billion last year.
The company reported a comparable store sales decrease of 8% for the 22 weeks ended July 5, 2008 compared to the 22 weeks ended July 7, 2007. The company reported net sales of $3.608 billion for the 22 weeks ended July 5, 2008, compared to net sales of $4.290 billion last year.[SM]
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