Square footage at Victoria's Secret is expected to expand by about 4% this year. This will include expansions of existing Victoria's Secret locations and the opening of about 50 new PINK Stores. Free cash flow this year is expected to be between $650 million and $750 million. In the first quarter, Limited Brands, Inc. (NYSE: LTD ) repurchased 1.2 million shares for $54.7 million. There is still $184.2 million remaining to be purchased on the existing $250 million repurchase program. L Brands continues to be a very shareholder-friendly company with share repurchases and an attractive $1.20 per share dividend for a yield of 2.2%. Where I see tremendous growth still for Limited Brands, Inc. (NYSE: LTD ) is in international markets. Its store brands are well-known and appeal to the world's growing middle class. In Canada, Victoria's Secret International has 26 stores and another eight new stores will open this year.