Topic: Diane Neal
Former Law & Order: SVU assistant district attorneys Stephanie March and Diane Neal are returning to the NBC drama for its 13th season, executive...
Limited Brands, Inc. (LTD) Q3 2010 Earnings Conference Call November 18, 2010 9:00 am ET. Martyn Redgrave, EVP and Chief Administrative Officer; Stuart Burgdoerfer, EVP and CFO; Sharen Turney, CEO of Victoria's Secrets; and Diane Neil, CEO of Bath & Body ...
Limited Brands, Inc. (LTD) Q2 2008 Earnings Call August 21, 2008 9:00 am ET. Martyn Redgrave, the EVP and CAO; Stuart Burgdoerfer for EVP and CFO; Sharen Turney CEO of Victoria Secretes; Dian Neil, CEO of Bath & Body Works and Tom Katzenmeyer are all joining us today. Now as we did on the first quarter call, today we will take more time with Sharen and Diane to discuss Victoria's Secret and Bath & Body Works, but it's worth noting that we continue to be very much on track with our technology implementations and our vast industry sourcing functions and with our real estate initiatives. By segment, the gross margin rate was up at Victoria's Secret and up significantly at Bath & Body works. We expect that our operating dollars will be up in the third quarter driven by an increase in operating income at Victoria's Secrete Direct and lower corporate overhead expense partially offset by operating income declines at Victoria's Secrete stores, Bath & Body Works and mass. Our product plans have not changed significantly since last quarter's calls and we are still projecting 7% square footage growth at Victoria's Secret, 4% at BBW and 14% in Canada including La Senza and BBW for a total company growth of over 6%. Bath & Body Works second quarter comps were down 8% versus a 4% decrease last year primarily driven by continued softness in store traffic. It relates to Victoria's Secret Direct, we've talked about $70 million to $80 million negative impact a year ago and that skew is more towards the fourth quarter than the third quarter, so I'd start with that and in addition there are ongoing higher cost levels running this new distribution center than there were in the old distribution center, so point one would be more of a skew in Q4 versus Q3 of the SG&A. Next question is for Martyn and Stuart; I mean how were ...
