Federated Department Stores Inc. (Cincinnati) has reported a 3.4 percent increase in total sales for the five weeks ended April 2, 2005. Same-store sales were also up 3.4 percent.
For the year to date, Federated’s sales are up 2.5 percent and same-store sales are up 2.6 percent.
Because of an earlier Easter this year, Federated indicated last month that it anticipated a March same-store sales increase of about 2.5 percent, followed by a relatively flat April. The company said today that it is maintaining its April forecast.