Federated Posts Slight Q4 Gains
In the fourth quarter ended Jan. 31, total sales rose 0.7 percent compared with the prior-year period. On a same-store basis, sales increased 1.4 percent.
Sales for the 52 weeks of fiscal 2003 decreased 1.1 percent to $15.26 billion compared with $15.44 billion in fiscal 2002. On a same-store basis, annual sales dropped 0.9 percent.