Bon-Ton Stores (BONT) Holiday Comps Fall 3.1%

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The Bon-Ton Stores, Inc. Provides Holiday Sales and Fiscal 2016 Update

January 11, 2017 6:30 AM EST

YORK, Pa., Jan. 11, 2017 (GLOBE NEWSWIRE) -- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced that its comparable store sales for the nine-week holiday period ended December 31, 2016 decreased 3.1%, in line with guidance provided on November 17, 2016.  Total sales for the nine week November and December period were $752.1 million compared to sales of $784.4 million in the prior year period.  

Kathryn Bufano, President and Chief Executive Officer, commented, Following challenging sales trends in the first three weeks of November, business improved from Thanksgiving through the end of December.  During the holiday season, we continued... More