Limited Brands Inc. posted third-quarter results after the markets closed Wednesday, and raised its forecast for adjusted earnings per share for fiscal 2012.
For the three months ended Oct. 27, net income fell by 22.2 percent to $73.4 million, or 25 cents a diluted share, from $94.3 million, or 31 cents, last year. On an adjusted basis, excluding in part charges in the current period for La Senza store closures and earnings attributable to a sourcing business that was sold a year ago, net income dipped 2.5 percent to $75.6 million, or 26 cents a diluted share, from $77.6 million, or 25 cents, last year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)