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BON-TON STORES INC (BONT)

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Delayed Quote. Delayed Nasdaq - 05/28 04:00:00 pm
5.97 USD   -3.86%
05/21 BON TON STORES : -Ton reports 1Q loss
05/21 BON TON STORES : Announces First Quarter Fiscal 2015 Results
05/19 BON TON STORES : Announces Quarterly Cash Dividend
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Bon Ton Stores : -Ton Posts Deeper Loss In First Quarter ; Earnings

05/24/2015 | 12:01am US/Eastern

The Bon-Ton Stores on Thursday reported a deeper net loss for the first quarter ended May 2.

York-based Bon-Ton had a net loss of $34.1 million ($1.74 a share) compared to a net loss of $31.5 million ($1.63 a share) in 2014's first quarter.

Sales were up slightly, rising 0.6 percent to $610.9 million from $607.5 million a year earlier.

The Bon-Ton blamed the larger net loss on higher e-commerce distribution and delivery costs and bigger merchandise markdowns.

These trends offset the benefit of smaller selling, general and administrative expenses and stronger results from its proprietary credit-card operation.

(c) 2015 ProQuest Information and Learning Company; All Rights Reserved., source Newspapers

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