Federated Department Stores Inc.

News & Analysis

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• Federated 3Q Earnings Exceed Expectations

  - 2003-11-12

  Business Editors CINCINNATI, Ohio--BUSINESS WIRE--Nov. 12, 2003 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported diluted earnings per share of 36 cents for the third quarter of 2003, exceeding both the company's original guidance of 25-30 cents a share and its revised guidance of 30-33 cents a share. This...

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• Federated 2002 Earnings Achieve Forecasted Levels; Company Raises EPS Guidance for Fiscal 2003

  - 2003-02-25

  Business Editors CINCINNATI--BUSINESS WIRE--Feb. 25, 2003 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported fourth quarter and fiscal 2002 results for the year ended February 1, 2003 that were consistent with the company's prior earnings guidance. Diluted earnings per share from continuing operations were $1.99 for the fourth...

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• Federated Reports Improved 3Q Earnings

  - 2002-11-13

  Business Editors CINCINNATI--BUSINESS WIRE--Nov. 13, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported diluted earnings per share from continuing operations of 38 cents for the third quarter of 2002. This compared to diluted earnings of 20 cents a share from continuing operations in the same 13-week period last...

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• Federated 2Q Earnings Exceed Expectations

  - 2002-08-14

  Business Editors CINCINNATI--BUSINESS WIRE--Aug. 14, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported diluted earnings per share from continuing operations of 66 cents for the second quarter of 2002, exceeding the company's original guidance of 50-60 cents a share. This compared to diluted earnings of 50 cents a...

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• Businessman Becomes Owner of Fingerhut Cos. for Third Time.

  - 2002-07-25

  By John Welbes, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Jul. 25--Ted Deikel became an owner of Fingerhut Cos. for a third time Wednesday as he and business partner Tom Petters closed on a deal to buy the Minnetonka-based retail...

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• Deal for Minnetonka, Minn.-Based Catalog Retailer Appears Nearer.

  - 2002-06-12

  By Scott Carlson, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Jun. 12--Ted Deikel, who has twice owned and sold Fingerhut Cos., has moved a big step closer to rescuing the Minnetonka-based retail catalog firm from liquidation. Deikel...

  Tags: asset, Federated Department Stores Inc., Minnesota

• Fingerhut Sale Negotiations Terminated; Federated, BDGA Agree to End Talks; Individual Asset Sales to be Pursued

  - 2002-05-06

  Business & Consumer/Retail Editors CINCINNATI--BUSINESS WIRE--May 6, 2002 Federated Department Stores, Inc. (NYSE:FD) (PCX:FD) and Business Development Group Acquisitions, Inc. BDGA today jointly announced the termination of negotiations for the sale of Federated's Fingerhut subsidiary to BDGA. The parties said a combination of factors, including a difficult economic...

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• Federated Reports Fiscal 4Q Earnings At High End of Expectations; Company Raises EPS Guidance for Fiscal 2002

  - 2002-02-26

  Business Editors CINCINNATI--BUSINESS WIRE--Feb. 26, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported fourth quarter and fiscal 2001 results for the year ended February 2, 2002. Diluted earnings per share from continuing operations were $1.90 for the fourth quarter and $3.03 for the year, before an extraordinary...

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• Federated to Dispose of Fingerhut; Positive Cash Flow Impact Expected as a Result

  - 2002-01-16

  Business Editors CINCINNATI--BUSINESS WIRE--Jan. 16, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) announced today that it intends to dispose of the operations of its Fingerhut subsidiary. "We have determined that there no longer is strategic value to Federated in retaining Fingerhut's operations, and we have no expectation that...

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• Federated Department Stores, Inc. Corrects Consolidated Statements of Cash Flows Table

  - 2001-09-06

  Business Editors CORRECTION...by Federated Department Stores, Inc. --BUSINESS WIRE--Sept. 6, 2001 In BW2102, (OH-FEDERATED-DPT-STORE) Federated August Comp Sales Down 2.6%, and in the repeated release BW2164 (OH-FEDERATED-DPT-STORE) Federated August Comp Sales Down 2.6%, the Consolidated Statements of Cash Flows table was incorrect. The revised table follows:...

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