Bon-Ton Stores' loss widens

Retail Editor 2, Retail Editor 3, May 19, 2011

York, Pa. - Bon-Ton's first quarter net loss expanded as it gross margin shrank during the first quarter.
Net loss for the period ended April 30 was $35.99 million, or $2.01 per share, compared to a net loss of $25.4 million, or $1.33 per share in the year-ago quarter. Gross margin fell to 35.5% of net sales from 37.4% in last year's 1Q.
Sales slipped 1.7% to $649.9 million, with comps down 1.2%.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!