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Bon-Ton reports Q1 sales decline, larger net loss

By - Last modified: May 18, 2012 at 10:39 AM

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The Bon-Ton Stores Inc., with corporate offices in York County and Milwaukee, on Thursday reported a 1.3 percent comparable-store sales decline for its first quarter and a larger net loss than during the period last year, according to a news release.

The company recorded a net loss of about $40.8 million, or $2.23 per diluted share, for the 13 weeks that ended April 28 compared with a net loss of about $36 million, or $2.01 per diluted share, during the comparable period a year ago, the release stated.

The Bon-Ton Stores operates 272 department stores, which includes 11 furniture galleries, in 23 states under various names.

Shares are traded on the Nasdaq under the ticker symbol BONT.

Brent Burkey

Brent Burkey

Brent Burkey covers York County, agribusiness, energy and environment, and workforce issues. Have a tip or question for him? Email him at brentb@cpbj.com. Follow him on Twitter, @brentburkey.

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