Federated Department Stores
, which owns
, said same-store sales in November grew a disappointing 1.4%, but added that same-store sales may grow about 3% in December.
The company posted total sales of $1.72 billion for the four weeks ended Nov. 25, up from about $1.69 billion a year ago.
Shares of Federated were recently up 2%, or 63 cents, to $31.19 in
New York Stock Exchange