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Federated reaps holiday seasons gains with 86.9% rise in Q4 sales
22 Feb '06
1 min read
Premier retailer Federated Department Stores Inc reported diluted earnings per share from continuing operations of $2.45 for the fourth quarter of 2005, ended Jan. 28, 2006.
This compares with diluted earnings per share from continuing operations of $2.55 for the same 13-week period last year.
Excluding May Company merger integration costs and related inventory valuation adjustments of $131 million ($82 million after tax or 29 cents per diluted share), fourth quarter diluted earnings per share from continuing operations was $2.74.
This exceeds the company's prior guidance of $2.60 to $2.65 per share.
Click to view more details
Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers.
With the May Company's more than 490 department stores and more than 720 bridal and formalwear stores in 49 states.
This compares with diluted earnings per share from continuing operations of $2.55 for the same 13-week period last year.
Excluding May Company merger integration costs and related inventory valuation adjustments of $131 million ($82 million after tax or 29 cents per diluted share), fourth quarter diluted earnings per share from continuing operations was $2.74.
This exceeds the company's prior guidance of $2.60 to $2.65 per share.
Click to view more details
Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers.
With the May Company's more than 490 department stores and more than 720 bridal and formalwear stores in 49 states.
Federated Department Stores Inc
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