Specialist retailer Tween Brands could open up to 200 new Limited Too stores in the next five years, including its first outlets in Canada, the company has said.

Announcing a 50% increase in second-quarter net income to US$5.9m, the company said it had identified "a number of real estate growth opportunities" for the Limited Too brand.

"We have identified an array of exciting opportunities for new Limited Too store openings that very much complement the accelerated store growth planned for Justice," said Tween Brands chairman, president and CEO Mike Rayden.

"This array includes the prospect of our first stores in Canada and our first US urban street locations, the opening of additional premium outlet centres, outdoor lifestyles centres and selected mid-grade mall sites."

Tween Brands' net sales for the second quarter were up 20% to $185.8m, lifting first-half net sales to $380.9m, an increase of 19%. First-half net income was up from $11.4m to $17.6m.

The company reiterated EPS guidance for fiscal 2006 of $2.00-2.10.