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Article: The Bon-Ton Stores, Inc. Announces May Sales.
- Article from:
- Business Wire
- Article date:
- June 5, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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YORK, Pa. -- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced comparable store sales for the four weeks ended May 31, 2008 decreased 9.9% compared to the prior year period. Total sales for the four weeks decreased 8.7% to $214.3 million compared to $234.7 million for the prior year period.
Year-to-date comparable store sales decreased 5.9%. Year-to-date total sales decreased 5.9% to $914.6 million compared to $972.3 million for the same period last year.
Tony Buccina, Vice Chairman and President - Merchandising, commented, "May sales were disappointing as weak trends from the end of April carried into May, reflecting reduced traffic levels as the ...