Limited Brands Reports 7% Rise In November Comparable-Store Sales, Declares Special Dividend

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Limited Brands Inc
LTD
reported a 7% rise in its November comparable-store sales. Limited Brands' net sales for the period dropped 2.3% to $872.6 million versus $893 million. However, analysts were expecting same-store sales to rise 4.4%. Limited also declared a special dividend of $2 per share. Limited Brands shares gained 3.22% to close at $42.33 yesterday.
Posted In: NewsDividendsRetail SalesApparel RetailConsumer DiscretionarySame-store sales
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