Limited Brands November Sales Climb on Early Holiday Shoppers

Limited Brands (NYSE:LTD) said Thursday that early holiday shoppers helped the retailer achieve strong sales gains in November. The Columbus, Ohio-based company, operating stores such as Victoria’s Secret and Bath & Body Works, posted net sales for the four weeks ended Nov. 28 of $893 million, down 14.3% from $781.1 million in the same period last year. The increase was fueled by a 10% improvement in comparable-store sales, higher than the 4% expected by analysts on average in a Thomson Reuters poll. Year-to-date sales are up $7.05 billion, up 11%