Company News

Q4 Beauty Sales Flat at Limited Brands

Corporate sales rise less than 1% on year.

In a Thursday morning conference call to discuss fourth-quarter results and 2013 guidance, Sharen Turney, chief executive officer of Victoria’s Secret, noted that beauty business was flat and holiday performance, “although above last year, missed our expectations.”


For the full year, Limited’s net earnings fell 11.4% to $753 million. Sales advanced 0.9% to $10.46 billion.


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