Limited (LTD) Comps Up 20% in April; New $500M Buyback Program; Raises Q1 EPS Outlook

May 5, 2011 7:09 AM EDT
Limited (NYSE: LTD) reports a 20 percent rise in April same-store sales.

The company also authorized a new $500 million buyback program.

Limited raised its Q1 adj-EPS guidance from 26-31c to 37-39c, vs. the consensus of 36c.


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Guidance, Hot Guidance, Retail Sales, Stock Buybacks