Bon-Ton Stores (BONT) Misses Q1 EPS Views; Updates FY16 Outlook

Bon-Ton Stores (NASDAQ: BONT) reported Q1 EPS of ($1.91), $0.39 worse than the analyst estimate of ($1.52). Revenue for the quarter came in at $591 million versus the consensus estimate of $623.16 million.

For the first quarter, comparable store sales decreased 2.9% as compared with the prior year period.

GUIDANCE:

Bon-Ton Stores sees FY2016 EPS of ($0.95) - ($1.45), versus the consensus of ($1.39). For fiscal 2016, the Company now expects Adjusted EBITDA in a range of $130 million to $140 million.

For earnings history and earnings-related data on Bon-Ton Stores (BONT) click here.

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