August 15, 1996 in Nation/World

Federated Reports Loss Of $27.2 Million

Associated Press
 

Federated Department Stores Inc. lost $27.2 million in the second quarter, mostly because of the cost of integrating the Broadway Stores group into Federated.

The loss was 13 cents a share, vs. a loss of $66.9 million, or 37 cents a share, a year ago.

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