Federated Department Stores Inc.

News & Analysis

federated department stores inc. and taxes - All News and Analysis

• Federated Reports Fourth Quarter Earnings of $1.45 Per Diluted Share from Continuing Operations

  - 2007-02-27

  Diluted EPS From Continuing Operations, Excluding Merger Integration Costs and Inventory Valuation Adjustments, is $1.66 - Exceeding the Company's Guidance CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today reported diluted earnings per share from continuing operations of $1.45 for the 14-week fourth quarter of 2006, ended Feb. 3,...

  Tags: adjustment, Boston, Company, Federated Department Stores Inc., FINANCE, income, integration, Macy, SALES, Taxes

• Federated Reports Second Quarter Earnings of 51 Cents Per Diluted Share from Continuing Operations; Company Exceeds Second Quarter EPS Guidance, Raises EPS Guidance for Second Half of 2006

  - 2006-08-09

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD) (NYSE Arca:FD) today reported earnings of 51 cents per diluted share from continuing operations for the second quarter of 2006, ended July 29, 2006. This compares with diluted earnings per share from continuing operations of 42 cents for the same...

  Tags: adjustment, Company, Federated Department Stores Inc., FINANCE, income, Macy, receivables, SALES, Taxes

• Federated Stores raises outlook

  - 2006-05-17

  CINCINNATI -- Federated Department Stores Inc. on Tuesday said it will make 33 cents a share more than expected in the second quarter because of a refund from the Internal Revenue Service in a tax settlement. The operator of Meier & Frank, Macy's and Bloomingdale's stores projected earnings...

  Tags: Federated Department Stores Inc., FINANCE, Taxes

• Federated Raises 2Q and 2006 Earnings Guidance to Include Tax Settlement

  - 2006-05-16

  CINCINNATI -- Federated Department Stores, Inc.(NYSE:FD)(NYSE Arca:FD) today announced it is increasing its earnings guidance for the second quarter of 2006 by 33 cents per diluted share because of a settlement with the Internal Revenue Service that will result in a cash refund of $158 million of prior year taxes...

  Tags: Federated Department Stores Inc., FINANCE, Litigation, settlement, Taxes

• Federated Reports 4th Quarter and Annual 2004 Earnings

  - 2005-02-22

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported diluted earnings of $2.55 a share for the fourth quarter of fiscal 2004, which was at the high end of the company's prior guidance of $2.50 to $2.55 a share. Earnings in the quarter ended January 29, 2005 topped earnings of...

  Tags: centralization, Federated Department Stores Inc., FINANCE, income, Macy, SALES, Strategy, Taxes

• Macy's Withdraws Plans to Open San Luis Obispo, Calif., Store.

  - 2004-05-18

  By Julie Lynem, The Tribune, San Luis Obispo, Calif. Knight Ridder/Tribune Business News May 18--After undergoing several design changes to fit San Luis Obispo's character, Macy's has scrapped its plans altogether. The department store giant has decided not to open a...

  Tags: developer, Federated Department Stores Inc., FINANCE, Macy, Retail, SALES, Taxes, Tribune Co.

• Economic news lifts dollar

  - 2004-04-15

  The dollar rose the most against the yen since July 2002 after consumer prices advanced for a fourth month, fueling speculation the Federal Reserve will boost its key interest rate in the third quarter. Traders pushed the U.S. currency higher after the Labor Department figures added to evidence the economy...

  Tags: Exxon Mobil Corp., Federated Department Stores Inc., FINANCE, Macy, SALES, Taxes

• Federated Department Stores to Close Macy's in South Brunswick, N.J.

  - 2003-01-04

  By Josee Valcourt, Home News Tribune, East Brunswick, N.J. Knight Ridder/Tribune Business News Jan. 4--SOUTH BRUNSWICK, N.J.--Federated Department Stores Inc. will close its Macy's in South Brunswick this March because of weak sales. Seventy-five employees and 10 executives will lose...

  Tags: East, Federated Department Stores Inc., FINANCE, Macy, South, Taxes

• Chicago-Area Truck Maker Sees Huge Losses in Quarter Compared to Last Year.

  - 2001-08-16

  By James P. Miller, Chicago Tribune Knight Ridder/Tribune Business News Aug. 16--Navistar International Corp. managed to remain profitable in its fiscal third quarter--barely--despite continued weakness in the market for its trucks and diesel engines. For the quarter ended July 31, the...

  Tags: Federated Department Stores Inc., FINANCE, Navistar International Corp., Retail, SALES, Taxes

• Fitch Affs Federated Dept. Store's Sr Debt `BBB+'/CP `F2'; Outlook Stable

  - 2000-07-20

  Business Editors NEW YORK--BUSINESS WIRE--July 20, 2000 Federated Department Stores, Inc.'s $3.3 billion `BBB+' rated senior debt and $2.0 billion `F2' rated 4(2) commercial paper program are affirmed by Fitch following Federated's announcement regarding credit delinquency issues at its Fingerhut subsidiary. At the same time the company's...

  Tags: Federated Department Stores Inc., FINANCE, Fitch, Investment, SALES, Taxes