Third-quarter earnings per share were $0.16 for the thirdquarter, compared to $0.25 last year. Operating income was $53.1million, compared to $42.2 million last year, and net income was$78.3 million, compared to $129.7 million last year. Comparablestore sales for the quarter increased 1%, and net sales were $1.891billion, compared to sales of $1.847 billion last year.

"The increase in operating income for the company was driven bya $22.4 million improvement at the Victoria's Secret segment,offset by an $8.9 million decline at the apparel segment," said V.Ann Hailey, EVP and CFO of Limited Brands, at Thursday's earningsconference. "As expected, Bath & Body Works was basicallyflat."

Victoria's Secret's third-quarter sales increased by 13% for thequarter over the same period last year, and operating incomeincreased by 26% to $107.2 million. "Bras delivered strong growth,driven especially by the re-launch of the Body by Victoria shapingfull coverage--the 'It' bra--and the introduction of the Angel'sUplift bra," said Mark Weikel, COO of Victoria's Secret Stores."Also, panties and sleepwear and beauty products did well invirtually all stores."