Company News

Sales Top $10 Billion at Limited Brands

Net income gains 5.7% to $850 million.

Author Image

By: TOM BRANNA

Editor

Sales at Limited Brands Inc. rose more than 8% to $10.4 billion last year, while the net income rose 5.7% to $850.1 million. However, the maker of cosmetics and personal care products under Victoria’s Secret and Bath & Body Works brand, noted that net income declined in the fourth quarter and sales growth weakened. Limited said its $250 million share repurchase program has been completed and that the board authorized a new $500 million share repurchase program....

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters