Bon-Ton Stores (BONT) Misses Q2 EPS by 4c; Updates FY15 Loss Outlook
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The Bon-Ton Stores, Inc. Announces Second Quarter Fiscal 2015 Results
August 20, 2015 6:59 AM EDTYORK, Pa.--(BUSINESS WIRE)-- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today reported operating results for the second quarter of fiscal 2015, the 13-week period ended August 1, 2015.
Second Quarter Overview
Comparable store sales decreased 1.3% in the second quarter as compared with the prior year period. Gross margin rate increased 24 basis points to 36.8% of net sales in the current year period. Selling, general and administrative expense (SG&A) decreased $0.6 million in the second quarter compared with the prior year period.... More