Bon-Ton Stores Inc (BONT) Releases Earnings Results, Misses Expectations By $-0.41 EPS

Bon-Ton Stores Inc (BONT) reported quarterly earnings results on Thursday, May-19-2016. The company reported $-1.91 earnings per share for the quarter, missing the analyst consensus estimate by $-0.41. Analysts had a consensus of $-1.50. The company posted revenue of $608.40 million in the period, compared to analysts expectations of $628.00 million. The company’s revenue was down -3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.74 EPS.

Many Wall Street Analysts have commented on Bon-Ton Stores Inc. Bon-Ton Stores Inc was Downgraded by Credit Suisse to ” Underperform” on Apr 15, 2016.

Bon-Ton Stores Inc closed down -0.18 points or -9.14% at $1.79 with 2,06,614 shares getting traded on Monday. Post opening the session at $1.87, the shares hit an intraday low of $1.7501 and an intraday high of $1.98 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Aug 27, 2015, Jimmy Dale Mansker (EVP-Merch Plan & Optimization) sold 550 shares at $3.50 per share price.

The Bon-Ton Stores Inc. is a department store operator. The Company offers a range of brand-name fashion apparel and accessories for women men and children. It operates approximately 270 stores in 26 states in the Northeast Midwest and upper Great Plains under the Bon-Ton Bergner’s Boston Store Carson’s Elder-Beerman Herberger’s and Younkers nameplates encompassing a total of approximately 25 million square feet. The Company operates through two segments: stores and e-Commerce segments. Its stores offer a range of fashion apparel and accessories for women men and children as well as cosmetics home furnishings and other goods. Its nationally distributed brand assortment includes labels in the apparel accessories footwear cosmetics and home furnishings industries such as Anne Klein Clarks Clinique and Calvin Klein among others. The Company’s private brand portfolio includes brands such as Laura Ashley Le Tigre Cuddle Bear Ruff Hewn and Relativity among others.

Bon-Ton Stores Inc

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