Federated Sales Slide, Income Rises

Share this article:
Federated Department Stores Inc., Cincinnati, reported yesterday that sales for the quarter ended May 4 totaled $3.453 billion, a decline of 2.9 percent from the $3.556 billion posted in the same period last year on both a total and same-store sales basis.


However, net income increased from $58 million in the 13 weeks ended May 5, 2001, to $89 million for the recently concluded quarter.


This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions