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From Earlier: Limited Brands Increases Size of and Prices Senior Notes Offering
Friday, February 3, 2012 - 6:50am | 117Limited Brands, Inc. (NYSE: LTD) announced yesterday that it has changed and increased its previously announced offering of $750 million aggregate principal amount of senior notes due 2022 and senior notes due 2024 to $1 billion aggregate principal amount of senior notes due 2022. The Notes were...
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Limited Brands up 3.25% on January Sales and Guidance Update
Thursday, February 2, 2012 - 12:20pm | 87Limited Brands (NYSE: LTD) is trading higher on the session following its comparable store sales report and guidance update. The company announced its January comparable store sales were up 9% and that it expects Q4 EPS at the high end of previous guidance of $1.42 to $1.46. The company said that...
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Limited Brands Announces Proposed Offering of $750M Aggregate Principal Amount of Senior Notes Due 2022 and Senior Notes Due 2024
Thursday, February 2, 2012 - 9:39am | 71Limited Brands, Inc. (NYSE: LTD) announced today that it is offering to sell $750 million aggregate principal amount of senior notes due 2022 and senior notes due 2024 in a public offering underwritten by Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC and...
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Limited Brands January Comparable Store Sales up 9%; Expects Q4 EPS at High End of Previous Guidance of $1.42 to $1.46
Thursday, February 2, 2012 - 7:02am | 228Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 9 percent for the four weeks ended Jan. 28, 2012, compared to the four weeks ended Jan. 29, 2011. The company reported net sales of $774.5 million for the four weeks ended Jan. 28, 2012, compared to net sales of $772.6...
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Top 4 Stocks In The Apparel Stores Industry With The Highest Revenue
Tuesday, January 31, 2012 - 3:53am | 123Below are the top apparel stores stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Gap Inc (The) (NYSE: GPS) is $14.63 billion. GPS had $1.42 billion in total cash for the latest quarter. The trailing-twelve-month revenue at Nordstrom Inc (NYSE: JWN) is $...
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Limited Brands Increases Annual Cash Dividend by 25% to $1.00
Monday, January 30, 2012 - 4:30pm | 65Limited Brands, Inc. (NYSE: LTD) announced today a 25% increase in its regular annual dividend to $1.00 per share, from $0.80 per share previously. The company also announced the declaration of its regular quarterly dividend of $0.25 per share payable on March 9, 2012, to shareholders of record at...
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Retail Sales Roundup
Thursday, January 5, 2012 - 8:31am | 386Target Corp (NYSE: TGT) reported a 1.7% rise in its December same store sales. Analysts were expecting same-store sales to increase 3.1%. Target's total December sales rose 2.6% to $10.14 billion. Costco Wholesale Corp (NASDAQ: COST) reported a 7% rise in its December same-store sales. Costco's...
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Limited Brands Reports 7% Rise In December Same-Store Sales
Thursday, January 5, 2012 - 7:23am | 59Limited Brands Inc (NYSE: LTD) reported a 7% rise in its December same-store sales. Analysts were expecting a rise of 5.7%. Limited's total sales climbed to $1.87 billion from $1.79 billion. Limited Brands projects adjusted Q4 earnings of $1.42 to $1.46 per share, versus analysts' estimates of...
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Limited Brands December Sales up 7%; Increases Fourth Quarter Earnings Guidance
Thursday, January 5, 2012 - 7:03am | 143Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 7 percent for the five weeks ended Dec. 31, 2011, compared to the five weeks ended Jan. 1, 2011. The company reported net sales of $1.868 billion for the five weeks ended Dec. 31, 2011, compared to net sales of $1.790...
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UPDATE: Citigroup Reiterates Neutral, Lowers PT to $40 on Limited Brands
Thursday, December 22, 2011 - 8:48am | 77Citigroup maintains its Neutral rating on Limited Brands (NYSE: LTD) and lowers its price target to $40 from $42 as it believes the company has limited upside to earnings given progress so far. Citigroup says, "The company has largely realized a significant portion of its long-term margin target...
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Seven Apparel Retail Stocks Worth a Look Now
Monday, December 19, 2011 - 6:39am | 901The holiday shopping season seems to be going better than early forecasts suggested. So here are seven retail stocks that might be worth a look. All have double-digit returns on equity and double-digit long-range EPS growth forecasts. Each is up more than 10% over the past year as well. DSW (NYSE...
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Victoria's Dirty Secret
Friday, December 16, 2011 - 10:29am | 736It would seem that the Fair Trade laws that were supposed to help eliminate child exploitation and unfair working conditions are “perversely providing incentives for the exploitation of children”, according to Bloomberg. The feature, which highlights the plight of a 13-year-old called Clarisse...
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Seven Stocks Insiders Are Buying
Friday, December 2, 2011 - 2:12pm | 792Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Retail Sales Roundup
Thursday, December 1, 2011 - 10:50am | 473Stage Stores Inc (NYSE: SSI) reported a 2.3% rise in its November same-store sales. Stage Stores' total sales surged 4.3% to $121 million from $116 million. Stage Stores shares gained 8.76% to close at $12.54 yesterday. Pier 1 Imports Inc (NYSE: PIR) reported a 7% rise in its comparable-store...
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A Peek Into The Market Before The Trading Starts
Thursday, December 1, 2011 - 7:53am | 396Pre-open movers US stock futures are flat this morning, after strong rise in the previous session. Futures on the Dow Jones Industrial Average dropped 8 points to 12,026.00 and futures on the S&P 500 stock index fell 2.30 points to 1,243.70. Nasdaq 100 futures gained 1.50 points to 2,296.50....