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Federated Gains

Total sales, same-store sales up in July, 2Q, year to date

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Federated Department Stores Inc. (Cincinnati) reported a 3.6 percent increase in total sales for the four weeks ended July 31, 2004. Same-store sales were up 3.7 percent.

For the retailer’s second quarter, also ended July 31, total sales were up 3.4 percent and same-store were up 3.3 percent.

Year to date, Federated is enjoying a 5.1 percent increase in total sales and a 5.0 percent increase in same-store sales.

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