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Article: The Bon-Ton Stores, Inc. Announces Third Quarter Results; -Earnings Per Share Improved From Prior Year-.
- Article from:
- Business Wire
- Article date:
- November 21, 2002
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Business Editors
YORK, Pa.--(BUSINESS WIRE)--Nov. 21, 2002
The Bon-Ton Stores, Inc. (NASDAQ:BONT) today reported results for the third quarter ended November 2, 2002.
Income
The Company reported net income in the third quarter of $0.3 million, or $0.02 per share, compared to a net loss of $0.5 million, or $0.03 per share, for the same period of fiscal 2001. In the third quarter of fiscal 2001, the Company recorded an unusual expense of $0.9 million pre-tax, or $0.04 per share, related to a reduction in workforce. Excluding the unusual expense, net income for the third quarter of fiscal 2001 was $0.01 per share. For the nine months ...