Limited Slips: FYQ1 Beats, Q2, Year EPS View Weak

Shares of Limited Brands (LTD), which owns Victoria’s Secret, among other names, are down $1.87, or almost 4%, at $46.09 in late trading after the company reported fiscal Q1 revenue and profit slightly ahead of consensus but projected this quarter’s and the year’s results below expectations. Revenue in the three months ended in April fell to $2.15 [...]