Inventory discipline across the brands coupled with an outstanding holiday performance at Victoria's Secret led to a 36 percent increase in fourth-quarter earnings per share at Limited Inc..

We are poised for accelerated future growth and we need the depth and breadth of leadership to achieve it.

Express is well into the process of a substantial transformation and is proving itself as a significant dual-gender, high-quality apparel brand. While much hard work needs to be done, we believe the opportunities for growth across our brands are significant.

Buyers are graded not only on their successes, but also on their failures. Too many hits means the buyer isn't taking enough chances.

Take a step back, socialize, and think about the spirit of the holiday: It is not just about the food.

Overall, I'm very pleased with our operating performance this quarter.