On Air Now

Listen

Listen Live Now » 94.7 FM Central Wisconsin 102.9 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
52° Feels Like: 52°
Wind: NW 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Showers 45°

Tomorrow

AM Showers 61°

Tues Night

Clear 38°

Alerts

Bon-Ton stores announce $10M loss in 3rd quarter

by

MILWAUKEE, WI (WTAQ) - The company that owns Boston Store, Younkers, and several other department store chains lost money in its most recent quarter.

The losses were only half as much as a year ago.

Bon-Ton Stores reported a loss of $10.1 million from July through September, down from a $22-million loss in the third quarter of last year.

Earnings slipped by 55-cents a share in the last quarter, down from a drop of 1.21 in the same period of 2011. Revenues jumped almost two-percent, to $683-million in the three months ending October 27th.

Bon-Ton is based in Milwaukee and York Pennsylvania.

CEO Brendan Hoffman said the firm made a number of changes over the last year to create a better balance of merchandise, refine its marketing, and cut its expenses.

Comments