COLUMBUS, Ohio - Limited Brands Inc., operator of Victoria's Secret and Bath & Body Works, said Thursday its August same-store sales slipped 7 percent.
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Analysts surveyed by Thomson Reuters predicted a same-store sales decline of 6.9 percent.
Revenue for the month ended Aug. 30 rose 4 percent to $588.4 million from $565.2 million in the previous year.
Year to date, same-store sales fell 7 percent while sales edged down 13 percent to $4.8 billion from $5.5 billion.
Prior-year results include Express sales through July 6, 2007. Limited sold its majority stake in Express to Golden Gate Capital affiliates last year. The results also include Limited sales through Aug. 3, 2007, when Limited closed on the transfer of its majority Limited stake to Sun Capital Partners affiliates.
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