02.23.12
Sales at Limited Brands Inc. rose more than 8% to $10.4 billion last year, while the net income rose 5.7% to $850.1 million.
However, the maker of cosmetics and personal care products under Victoria's Secret and Bath & Body Works brand, noted that net income declined in the fourth quarter and sales growth weakened.
Limited said its $250 million share repurchase program has been completed and that the board authorized a new $500 million share repurchase program.
However, the maker of cosmetics and personal care products under Victoria's Secret and Bath & Body Works brand, noted that net income declined in the fourth quarter and sales growth weakened.
Limited said its $250 million share repurchase program has been completed and that the board authorized a new $500 million share repurchase program.