The Bon-Ton Stores, Inc. (BONT) reported fourth-quarter net income of $74.4 million, or $3.71 per share, compared to $78.2 million, or $4.00 per share, last year. The company noted that its results for the fourth quarter of 2012 was impacted by the inclusion of an additional week, resulting in a 14-week reporting period.
The company's prior year fourth-quarter results include income of $0.93 per share associated with the net gain on extinguishment of debt.
Total sales in the 14 weeks were $1.015 billion, compared to $983.2 million in the 13-week period last year. Comparable store sales increased 1.0%.
On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $3.57 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $1.04 billion for the quarter. The company expects fiscal 2013 profit per share a range of $0.40 to $1.00. Comparable store sales are expected to increase in a range of 2.0% to 3.5%. Analysts expect the company to report fiscal 2013 profit per share of $0.83.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.