Limited Brands (LTD) Reports a 7% Decline in May Same-Store Sales
Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales decrease of 7% for the four weeks ended May 30, 2009, compared to the four weeks ended May 31, 2008. The company reported net sales of $618.7 million for the four weeks ended May 30, 2009, compared to net sales of $661.3 million last year.
The company reported a comparable store sales decrease of 7% for the 17 weeks ended May 30, 2009, compared to the 17 weeks ended May 31, 2008. The company reported net sales of $2.344 billion for the 17 weeks ended May 30, 2009, compared to sales of $2.586 billion last year.[SM]
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