USA: Limited Brands' Q2 Profit Doubles To $83.2m
The operator of the popular Victoria's Secret lingerie chain, Limited Brands Inc, said on Thursday it more than doubled its second quarter profit from last year and enjoyed a four per cent rise in same-store sales. The Ohio-based company, which also runs the Express and Bath & Body Works chains, posted net profit of $83.2 million, or 16 cents per diluted share, from an adjusted $34.5m, or seven cents per share, in the year-ago period.
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