COLUMBUS, Ohio, Jan. 14, 2013 /PRNewswire/ -- Limited Brands
(NYSE: LTD) is scheduled to participate in the 15th
Annual ICR Xchange Conference in Miami,
FL on Jan. 17, 2013.
Stuart Burgdoerfer, executive vice
president and chief financial officer, will be making a
presentation at approximately 1:10 p.m.
ET. A link to this presentation is currently available
on the homepage of our website at www.Limitedbrands.com.
(Logo: http://photos.prnewswire.com/prnh/20020520/CLM001LOGO
)
Leslie H. Wexner, chairman and
chief executive officer, stated, "Victoria's Secret and Bath & Body Works
are world leaders in their categories with opportunity for
significant growth in the United
States and internationally. We continue to target a
minimum of low-double digit annual earnings growth and an operating
income rate in the high-teens."
Burgdoerfer added, "We are pleased with January results to
date and semi-annual sale performance at Victoria's Secret and Bath & Body
Works. Inventories are clean, and we are well-positioned
heading into Spring. We remain committed to investing in the
business, returning excess cash to shareholders and delivering
superior shareholder returns."
The company will report January sales on Feb. 7 and will report fourth quarter results and
issue 2013 guidance on Feb. 27.
The ICR Xchange Conference webcast is being hosted by
NASDAQ. A link to the live webcast of the presentation will
be available from the home page of our website at
www.Limitedbrands.com. The archive of the webcast will be available
for 90 days following the live presentation.
ABOUT LIMITED BRANDS:
Limited Brands, through Victoria's Secret, Pink, Bath & Body
Works, La Senza and Henri Bendel, is
an international company. The company operates 2,631
specialty stores in the United
States and its brands are sold in more than 700
company-operated and franchised additional locations
world-wide. The company's products are also available online
at www.VictoriasSecret.com, www.BathandBodyWorks.com,
www.HenriBendel.com and www.LaSenza.com.
Limited Brands b-roll footage of stores is available through our
online newsroom.
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995
Limited Brands, Inc. cautions that any forward-looking
statements (as such term is defined in the Private Securities
Litigation Reform Act of 1995) contained in this press release or
the ICR conference presentation and webcast involve risks and
uncertainties and are subject to change based on various factors,
many of which are beyond our control. Accordingly, our future
performance and financial results may differ materially from those
expressed or implied in any such forward-looking statements.
Words such as "estimate," "project," "plan," "believe,"
"expect," "anticipate," "intend," "planned," "potential" and any
similar expressions may identify forward-looking statements.
Risks associated with the following factors, among others, in
some cases have affected and in the future could affect our
financial performance and actual results and could cause actual
results to differ materially from those expressed or implied in any
forward-looking statements included in this press release or the
ICR conference presentation and webcast:
- general economic conditions, consumer confidence, consumer
spending patterns and market disruptions including severe weather
conditions, natural disasters, health hazards, terrorist
activities, financial crises, political crises or other major
events, or the prospect of these events;
- the seasonality of our business;
- the dependence on a high volume of mall traffic and the
possible lack of availability of suitable store locations on
appropriate terms;
- our ability to grow through new store openings and existing
store remodels and expansions;
- our ability to successfully expand into international markets
and related risks;
- our independent licensees and franchisees;
- our direct channel business;
- our failure to protect our reputation and our brand
images;
- our failure to protect our trade names, trademarks and
patents;
- the highly competitive nature of the retail industry generally
and the segments in which we operate particularly;
- consumer acceptance of our products and our ability to keep up
with fashion trends, develop new merchandise and launch new product
lines successfully;
- our reliance on foreign sources of production, including risks
related to:
- political instability;
- duties, taxes and other charges on imports;
- legal and regulatory matters;
- volatility in currency exchange rates;
- local business practices and political issues;
- potential delays or disruptions in shipping and related pricing
impacts;
- the disruption of imports by labor disputes; and
- changing expectations regarding product safety due to new
legislation;
- stock price volatility;
- our failure to maintain our credit rating;
- our ability to service our debt;
- our ability to retain key personnel;
- our ability to attract, develop and retain qualified employees
and manage labor costs;
- the inability of our manufacturers to deliver products in a
timely manner and meet quality standards;
- fluctuations in product input costs;
- fluctuations in energy costs;
- increases in the costs of mailing, paper and printing;
- claims arising from our self-insurance;
- our ability to implement and maintain information technology
systems;
- our failure to comply with regulatory requirements;
- tax matters; and
- legal and compliance matters.
We are not under any obligation and do not intend to make
publicly available any update or other revisions to any of the
forward-looking statements contained in this press release or the
ICR conference presentation and webcast to reflect circumstances
existing after the date of this press release or to reflect the
occurrence of future events even if experience or future events
make it clear that any expected results expressed or implied by
those forward-looking statements will not be realized. Additional
information regarding these and other factors can be found in "Item
1A. Risk Factors" in our 2011 Annual Report on Form 10-K.
SOURCE Limited Brands