Tuesday, May 22, 2012
Limited Brands Q1 profit beats, shares fall on view
Limited Brands Inc (LTD.N), parent of the Victoria's Secret lingerie store chain, posted a quarterly profit that topped Wall Street's view but its shares fell 3.5 percent after its forecast for the current quarter fell short of analysts' expectations. Victoria's SecretThe Columbus, Ohio-based company forecast second-quarter earnings of 40 cents to 45 cents per share, below analysts' average forecast for earnings of 50 cents per share, according to Thomson Reuters I/B/E/S.The company, which also
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