Limited Brands (NYSE:LTD) said Thursday that early holiday shoppers helped the retailer achieve strong sales gains in November.
The Columbus, Ohio-based company, operating stores such as Victoria’s Secret and Bath & Body Works, posted net sales for the four weeks ended Nov. 28 of $893 million, down 14.3% from $781.1 million in the same period last year.
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The increase was fueled by a 10% improvement in comparable-store sales, higher than the 4% expected by analysts on average in a Thomson Reuters poll.
Year-to-date sales are up $7.05 billion, up 11% from $6.35 billion a year ago.