Limited Brands Reports Stronger-Than-Expected Rise In August Same-Store Sales

Limited Brands Inc LTD reported an 11% rise in its August sales at stores open at least one year. Analysts were expecting same-store sales to surge 4.2%. Limited Brands' net sales for the four weeks ended August 27 jumped 11.4% to $702.4 million. Limited Brands shares fell 1.49% to close at $37.74 yesterday.