Limited Brands Reports Increased Sales (LTD)

Limited Brands Reports Increased Sales (LTD)

RSS

Apparel company, Limited Brands, Inc.(LTD) reported increased store sales for Decemeber.

The Columbus, OH based company reported a 3% increase from last year in store sales for the five weeks ended Dec. 29, 2012. The company reported sales of $1.947 billion, compared to $1.868 last year.

For the 48 weeks ended Dec. 29 2012, the company reported sales of $9.472 billion, up 6% from last years sales of $9.590 billion.

Limited Brands shares were down -$1.90, or -4% during premarket trading Thursday. The stock has increased 17% in the past year.

The Bottom Line
Shares of Limited Brands (LTD) have a 2.11% dividend yield, based on last night’s closing stock price of $47.40. The stock has technical support in the $42-$44 price area. If the shares can firm up, we see overhead resistance around the $50-$52 price levels.

Limited Brands, Inc.(LTD) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today