Revenue Update on Bon-Ton Stores Inc(NASDAQ:BONT)

Bon-Ton Stores Inc(NASDAQ:BONT) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 18, 2016. Company reported revenue of $542.36M. Analysts estimated a revenue of $556.96M. Earnings per share were $-1.95. Analysts had estimated an EPS of $-1.75.

Bon-Ton Stores Inc (BONT) made into the market gainers list on Mondays trading session with the shares advancing 1.16% or 0.02 points. Due to strong positive momentum, the stock ended at $1.75, which is also near the day’s high of $1.75. The stock began the session at $1.74 and the volume stood at 28,513 shares. The 52-week high of the shares is $4.54 and the 52 week low is $1.1. The company has a current market capitalization of $38 M and it has 2,15,64,515 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 25, 2016, Paul E Rigby (director) purchased 15,000 shares at $1.60 per share price.Also, On Aug 27, 2015, Jimmy Dale Mansker (EVP-Merch Plan & Optimization) sold 550 shares at $3.50 per share price.

The Bon-Ton Stores Inc. is a department store operator. The Company offers a range of brand-name fashion apparel and accessories for women men and children. It operates approximately 270 stores in 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. The Company operates through two segments: stores and e-Commerce segments. Its stores offer a range of fashion apparel and accessories for women men and children as well as cosmetics home furnishings and other goods. Its nationally distributed brand assortment includes labels in the apparel accessories footwear cosmetics and home furnishings industries such as Anne Klein Clarks Clinique and Calvin Klein among others. The Company’s private brand portfolio includes brands such as Laura Ashley Le Tigre Cuddle Bear Ruff Hewn and Relativity among others.

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