×
188
Fashion Jobs
PHV
Director, Internal Communications, Pvh Asia Pacific
Permanent · Hong Kong
PHV
Human Resources Officer, Pvh Asia Pacific
Permanent · Hong Kong
PHV
Buyer, Calvin Klein, Seath
Permanent · Hong Kong
PUMA
Manager Fabric Development Apparel
Permanent · Hong Kong
SHISEIDO
Manager - Sales And Operations, Clé de Peau Beauté
Permanent · Hong Kong
SHISEIDO
Senior Manager - Sales And Operations, Shiseido And Drunk Elephant
Permanent · Hong Kong
SHISEIDO
Contract Accounting Officer, Finance & Accounts
Permanent · Hong Kong
PHV
Garment Technician, Sweaters
Permanent · Hong Kong
PHV
Senior Analyst ii, Business Process, Asia Pacific
Permanent · HONG KONG
PHV
Senior Manager, Strategic Brand Planning & Integration, Tommy Hilfiger Asia Pacific
Permanent · Hong Kong
PHV
Manager i, Merchandising (Accessories)
Permanent · Hong Kong
PHV
Vice President, Shopper Experience, Calvin Klein Asia Pacific
Permanent · Hong Kong
PHV
Marketing Executive, th Hkmo
Permanent · Hong Kong
PHV
Brand Manager, Calvin Klein Asia Pacific
Permanent · Hong Kong
PHV
CRM Executive
Permanent · Hung Hom
PHV
Marketing Executive, Brand Marketing, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
PHV
Vice President, Brand & Shopper Experience, Tommy Hilfiger Asia Pacific
Permanent · Hong Kong
PHV
Visual Merchandising Manager, Hong Kong & Macau
Permanent · Hong Kong
PHV
Manager, Merchandising, Tommy Hilfiger, Asia Pacific
Permanent · Hong Kong
PVH
Senior Legal Counsel, Asia Pacific
Permanent · Hong Kong
L'OREAL GROUP
CRM Manager
Permanent · HONG KONG
COACH
Specialist, Human Resources
Permanent · HONG KONG
By
Reuters
Published
May 20, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Limited Brands reports surprise profit, shares up

By
Reuters
Published
May 20, 2009

NEW YORK, May 20 (Reuters) - Limited Brands Inc (LTD.N) on Wednesday 20 May reported a surprise quarterly profit as cost cuts offset softer sales at the operator of the Victoria's Secret and Bath & Body Works chains.


Victoria's Secret logo lace halter babydoll

Net income came in at $2.6 million, or 1 cent a share, in the first quarter ended May 2, compared with $96.8 million, or 28 cents a share, a year earlier.

Analysts had expected the company to post a loss of 3 cents a share, according to Reuters Estimates.

Net sales fell 10.4 percent to $1.725 billion.

Limited shares were up 34 cents at $12 in after-hours trading, after closing at $11.66 on the New York Stock Exchange on Wednesday 20 May.

Months ago, the retailer vowed aggressive cost-cutting.

The recession has hurt Limited Brand's sales of non-essential items as shoppers try to save.

Sales at stores open for at least a year fell 7 percent in the first quarter.

Limited is based in Columbus, Ohio. (Reporting by Dhanya Skariachan)

© Thomson Reuters 2023 All rights reserved.