Limited Brands reported profits that were slightly better than Wall Street expectations. The company reported comparable store sales for the first quarter increased 7 percent, and sales were $2.15 billion compared to $2.22 billion last year. Analysts had expected sales of $2.14 billion for the quarter. Looking ahead, the company expects second quarter earnings of between 40 cents and 45 cents per share, down from 48 cents per share at the same time last year. For the entire year, Limited Brands now expects earnings to be between $2.63 and $2.83 per share.