• Q4 net income up 11% to US$419.7m
  • Net sales rise 13% to $3.456bn
  • Same-store sales rise 10%

Victoria's Secret operator Limited Brands has posted double-digit rises in fourth quarter sales and profit, and says it saw even stronger growth in February.

For the full-year period, Limited Brands' net income was $684.5m, compared to $401.8m in 2009 on the back of a 9% same-store sales rise.

In its outlook the company said it expected 2011 full-year earnings per share between $2.15 and $2.35 per share, compared with $2.06 for 2010.

The company added it expects to report a February same-store sales increase in the high single digit range next week, versus its previous estimate of flat to up low single digits.

Click here to view the company's results in full.