(Reuters) - Cincinnati, Ohio-based Federated said total sales were $2.29 billion for the five weeks ended April 7, up 1.5 percent from the year-ago period.
Unseasonably cold weather also hurt sales of spring merchandise, the retailer said, adding that it expects total sales for first quarter to be at the low end of its previous forecast, which called for sales of $6 billion to $6.1 billion.
Read more at Reuters.com Market News
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