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Despite Increased Q4 Costs, Limited Brands’ Result Beat Forecasts

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Columbus, OH—Despite a fourth quarter profit decline due to restructuring costs at its La Senza lingerie brand, Limited Brands Inc.’s results still beat analysts’ average estimate. For the quarter ended Jan. 28, Limited Brands reported Wednesday that its net income dropped to $359.4 million, or $1.17 a share, from $452.3 …

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Despite Uncertainty, September Retail Comps Rise

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New York—Despite the daily drumming about economic uncertainty, comparable store sales continued to increase for most U.S. retailers in September. According to Thomson Reuters which tracks 23 retailers, September comparable store sales, or same store sales, increased 5.1%. That’s better than analysts’ average estimate which expected a 4.6% increases. Comparable …