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Corporate sales rise less than 1% on year.
March 1, 2013
By: TOM BRANNA
Editor
In a Thursday morning conference call to discuss fourth-quarter results and 2013 guidance, Sharen Turney, chief executive officer of Victoria’s Secret, noted that beauty business was flat and holiday performance, “although above last year, missed our expectations.” For the full year, Limited’s net earnings fell 11.4% to $753 million. Sales advanced 0.9% to $10.46 billion....
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