Limited Brands Reports EPS of $1.26 vs. $1.25; Revenue $3.456 vs. $3.34B

Limited Brands, Inc. LTD today reported 2010 fourth quarter and full-year results. Adjusted earnings per share for the fourth quarter ended Jan. 29, 2011, which exclude certain significant items as detailed below, increased 25 percent to $1.26 compared to $1.01 for the quarter ended Jan. 30, 2010. Fourth quarter operating income was $713.5 million compared to $585.5 million last year, and adjusted net income was $419.7 million compared to $332.8 million last year. The company reported a comparable store sales increase of 10 percent for the fourth quarter ended Jan. 29, 2011. Net sales were $3.456 billion compared to net sales of $3.063 billion last year.