Bon-Ton Stores Inc (BONT) Releases Earnings Results, Misses Estimates By $1.11 EPS
Bon-Ton Stores Inc (NASDAQ:BONT) issued its quarterly earnings data on Thursday. The company reported ($2.86) EPS for the quarter, missing the consensus estimate of ($1.75) by $1.11. The firm had revenue of $553.02 million during the quarter.
Shares of Bon-Ton Stores (NASDAQ:BONT) opened at 0.685 on Friday. The stock has a 50 day moving average price of $0.70 and a 200 day moving average price of $1.17. The stock’s market capitalization is $14.93 million. Bon-Ton Stores has a 52 week low of $0.58 and a 52 week high of $2.05.
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An institutional investor recently raised its position in Bon-Ton Stores stock. Goldman Sachs Group Inc. raised its stake in shares of Bon-Ton Stores Inc (NASDAQ:BONT) by 7.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 119,891 shares of the company’s stock after buying an additional 8,705 shares during the period. Goldman Sachs Group Inc. owned 0.55% of Bon-Ton Stores worth $101,000 as of its most recent SEC filing. Institutional investors own 28.87% of the company’s stock.
Bon-Ton Stores Company Profile
The Bon-Ton Stores, Inc is a department store operator. The Company operates through two segments: stores and eCommerce (its Internet Websites). The Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 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.
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