Bon-Ton Stores (BONT) Misses Q3 EPS Views; Trims FY15 Outlook
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The Bon-Ton Stores, Inc. Announces Third Quarter Fiscal 2015 Results
November 19, 2015 6:30 AM ESTYORK, Pa., Nov. 19, 2015 (GLOBE NEWSWIRE) -- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today reported operating results for the third quarter of fiscal 2015, the 13-week period ended October 31, 2015.
Third Quarter Overview
Comparable store sales decreased 2.6% in the third quarter as compared with the prior year period. Gross margin rate decreased 286 basis points as compared with last year to 33.4% of net sales in the current year period. Selling, general and administrative ("SG&A") expense decreased $0.7 million in the third quarter compared with the prior year... MoreThe Bon-Ton Stores, Inc. Announces Third Quarter Fiscal 2015 Results
November 19, 2015 6:30 AM ESTYORK, Pa., Nov. 19, 2015 (GLOBE NEWSWIRE) -- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today reported operating results for the third quarter of fiscal 2015, the 13-week period ended October 31, 2015.
Third Quarter Overview
Comparable store sales decreased 2.6% in the third quarter as compared with the prior year period. Gross margin rate decreased 286 basis points as compared with last year to 33.4% of net sales in the current year period. Selling, general and administrative ("SG&A") expense decreased $0.7 million in the third quarter compared with the prior year... More