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Bon-Ton Stores Inc (BONT.OQ)

BONT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Bon-Ton Stores reports Q1 loss per share $2.86
Thursday, 18 May 2017 06:30am EDT 

May 18 (Reuters) - Bon-ton Stores Inc :Reports first quarter fiscal 2017 results.Sees FY 2017 loss per share $2.08 to $2.59.Q1 loss per share $2.86.Q1 sales fell 9.3 percent to $536.1 million.Q1 same store sales fell 8.8 percent.Qtrly comparable store sales decreased 8.8% as compared with prior year period.Bon-Ton Stores says "Q1 results did not meet our expectations due primarily to weak mall traffic trends, unfavorable weather" among other things.Bon-Ton Stores Inc says "We expect to achieve additional cost reductions in fiscal 2017 through rollout of our internal profit improvement initiative".Sees FY 2017 comparable sales decrease now ranging from 3.0% to 4.0%, which excludes sales from 53rd week.Sees FY 2017 capital expenditures not to exceed $30 million, net of external contributions.  Full Article

Bon-Ton Stores says CEO Kathryn Bufano has resigned
Monday, 8 May 2017 04:05pm EDT 

May 8 (Reuters) - Bon-ton Stores Inc ::The bon-ton stores, inc. Announces management reorganization.Says Kathryn Bufano, president and chief executive officer, has resigned from company effective august 25, 2017.Says William Tracy, company's current chief operating officer, will be named president and CEO, effective august 25, 2017.Says Kathryn Bufano will remain with company as CEO through a transition period.  Full Article

Bon-Ton Stores announces retirement of Tim Grumbacher
Friday, 5 May 2017 04:05pm EDT 

May 5 (Reuters) - Bon-ton Stores Inc ::The Bon-Ton Stores Inc announces retirement of Tim Grumbacher and election of Debra K. Simon as chairman of the board.Bon-Ton Stores Inc - Debra Simon, a current member of board of directors of company, has been elected to succeed Mr. Grumbacher as chairman.  Full Article

The Bon-Ton Stores qtrly diluted EPS $2.09
Tuesday, 14 Mar 2017 06:30am EDT 

Bon-ton Stores Inc : The bon-ton stores, inc. Reports fourth quarter and fiscal 2016 results . Q4 sales fell 5.5 percent to $877.3 million . Bon-Ton stores inc - qtrly comparable store sales decreased 4.7% as compared with prior year period. . Bon-Ton stores inc says comparable store sales in q4 of fiscal 2016 decreased 4.7% . Bon-Ton stores inc- for fiscal 2017, company expects loss per diluted share to be in a range of $2.08 to $2.59 . Bon-Ton stores inc sees for fiscal 2017 capital expenditures not to exceed $30 million, net of external contributions . Bon-Ton stores inc- company expects to decrease debt by approximately $20 million to $30 million by end of fiscal 2017 . Bon-Ton stores inc - full-year guidance comparable sales decrease ranging from 2.0% to 3.0%, which excludes sales from 53(rd) week .Bon-Ton stores inc - qtrly diluted earnings per share $2.09.  Full Article

Bon-Ton stores reports Q3 loss per share $1.58
Thursday, 17 Nov 2016 06:30am EST 

Bon-ton Stores Inc - : Bon-Ton Stores Inc says capital expenditures not to exceed $40 million for FY . Bon-Ton Stores Inc says a gross margin rate ranging from a 80- to 90-basis-point increase over fiscal 2015 rate of 34.7% for FY . Sees FY loss per diluted share to be in range of $2.04 to $2.54 . Sees full-year comparable sales decrease ranging from 2.5% to 3.5% . Sees full-year adjusted ebitda to be in range of $114 million to $124 million . Q3 loss per share $1.58 . Q3 same store sales fell 4.9 percent . Reports third quarter fiscal 2016 results .Q3 sales fell 5.4 percent to $589.9 million.  Full Article

Bon-Ton Qtrly comparable store sales down 2.0%
Thursday, 18 Aug 2016 06:30am EDT 

Bon-Ton Stores Inc : Ton stores inc - reaffirmed its earnings guidance for full year fiscal 2016. .Qtrly comparable store sales decreased 2.0% as compared with prior year period..  Full Article

Bon-Ton Stores reaffirms fiscal 2016 guidance
Tuesday, 28 Jun 2016 09:43am EDT 

Bon-ton Stores Inc :Bon-Ton Stores, Inc provides update on current business trends and reaffirms fiscal 2016 guidance.  Full Article

Bon-Ton Stores says agreement of purchase, sale by co, United Trust Fund Limited Partnership has been terminated
Monday, 20 Jun 2016 05:30pm EDT 

Bon-Ton stores : Bon-Ton Stores - agreement of purchase, sale by and between bon-ton stores and United Trust Fund Limited Partnership, dated June 1 has been terminated . Bon-Ton Stores - agreement relating to a sale and leaseback by Bon-Ton of a real estate portfolio comprised of three retail department store locations .Bon-Ton Stores - will continue to explore all appropriate options relating to three department stores and the remainder of its real estate portfolio.  Full Article

Bon-Ton Stores entered agreement of purchase and sale for sale-leaseback transaction
Wednesday, 1 Jun 2016 01:04pm EDT 

Bon-Ton Stores Inc: Entered into an agreement of purchase and sale for a sale-leaseback transaction with United Trust Fund Limited Partnership . Agreed to sell to UTF a real estate portfolio comprised of three retail department store locations in two states .Bon-Ton will convey portfolio to UTF for an aggregate sales price of at least $44.935 million - SEC filing.  Full Article

Bon-Ton stores sees FY 2016 shr loss $0.95 to $1.45
Thursday, 19 May 2016 06:30am EDT 

Bon-ton Stores Inc : Bon-Ton stores, inc. Reports first quarter fiscal 2016 results . For q1, comparable store sales decreased 2.9% as compared with prior year period . Bon-ton stores inc q1 shr loss $1.91 . Bon-ton stores inc q1 sales $591 mln vs i/b/e/s view $623.2 mln . Bon-ton stores inc q1 same store sales fell 2.9 pct . Bon-ton stores inc sees fy 2016 shr loss $0.95 to $1.45 . Bon-ton stores inc - net loss in q1 of fiscal 2016 was $37.8 mln, or $1.91 per diluted share . Bon-ton stores inc sees fiscal 2016 comparable sales performance ranging from flat to a decrease of 1% . Bon-ton stores inc -"we believe that it is prudent to reduce our full year guidance" . Bon-ton stores - ongoing headwinds in retail environment, unfavorable weather, and a soft easter all pressured top line performance during quarter . Bon-ton stores inc sees 2016 capital expenditures not to exceed $40 mln, net of external contributions .Bon-ton stores inc fy shr view $-1.38 -- thomson reuters i/b/e/s.  Full Article

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BRIEF-Bon-Ton Stores reports Q1 loss per share $2.86

* Qtrly comparable store sales decreased 8.8% as compared with prior year period