Limited Changes Name, Sees Rising Income
Adjusted operating income was $137.9 million, an increase of 211 percent from $44.4 million last year. Adjusted net income was $81.7 million, up 227 percent from $25 million a year ago.
Reported net income reached $49.9 million, compared with $30.7 million last year.
Also, the company has been renamed Limited Brands. The change follows the acquisition of all outstanding shares of Intimate Brands stock earlier this year.