May 10, 2013 (M2 EQUITYBITES via COMTEX) -- Operator of speciality stores Limited Brands Inc (L Brands Inc) (NYSE:LTD) on Thursday reported net sales of USD660.5m for the four weeks, ended 4 May 2013.

This was almost flat as compared with net sales of USD659m in April 2012.

For the quarter, net sales were USD2.268bn, up by 5% as compared with sales of USD2.154bn in the corresponding quarter of the prior year.

Comparable store sales for the month were up by 2% and by 3% for the quarter, as compared with respective, corresponding periods of the prior year.

Also, the company updated its Q1 2013 EPS guidance and now expects EPS of approximately USD0.46 per share, as compared with its previous guidance of EPS of USD0.40 to USD0.45. According to the company, its first quarter results were negatively impacted by approximately USD0.03 per share due to costs related to severance and a higher tax rate.

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