Limited Brands, Inc. (LTD) reported a comparable store sales decrease of 2% for the five weeks ended Jan. 2, 2010, compared to the five weeks ended Jan. 3, 2009. The company reported net sales of $1.660 billion for the five weeks ended Jan. 2, 2010, compared to $1.644 billion last year.
Further, the company is raising its fourth quarter 2009 earnings guidance to $0.92 to $0.97 per share, from its previous guidance of $0.71 to $0.86 per share.
Analysts polled by Thomson Reuters expect the company to report earnings of $0.83 per share. Analysts' estimates typically exclude special items.
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