Limited Brands, parent of Victoria’s Secret lingerie and Bath & Body Works chains, posted a first-quarter net profit of $124.6 million, or 41 cents per share, that topped Wall Street’s view, but its shares fell 3.5 percent after its forecast for the current quarter fell short of analysts’ expectations.

The Ohio-based company forecast second-quarter earnings of 40 cents to 45 cents per share, below analysts’ average forecast of 50 cents.

Shares of Limited Brands fell to $46.30 in extended trading from their close of $47.96.