WWD.com/beauty-industry-news/financial/federated-impresses-even-as-profits-dip-722478
financial
financial

Federated Impresses Even as Profits Dip

NEW YORK — Federated Department Stores Inc.’s second-quarter profits fell by more than half and sales retreated as well, but the firm’s ability to beat consensus estimates and recent guidance marked it as a star in the beleaguered...