USA: FDS Comp Sales Up 2.9 Per Cent
Federated Department Stores, Inc (NYSE:FD) (PCX:FD) today reported total sales of $1.633bn for the five weeks ended September 30, 2000, an increase of 2.2 per cent from total sales of $1.598bn for the same period last year. On a comp store basis, Federated's September sales increased 2.9 per cent.For the first 35 weeks of 2000, Federated's sales totaled $11.002bn, an increase of 5.2 per cent over total sales of $10.458bn for the same period last year. On a comp store basis, Federated's year-to-date sales are up 2.4 per cent.