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Bon-Ton posts 4Q loss

3/11/2009

YORK, Pa. Bon-Ton Stores reported a net loss of $87.7 million, or $5.22 per diluted share, for the fourth quarter of 2008 compared with net income of $75.2 million, or $4.43 per diluted share, for the fourth quarter of fiscal 2007.

For fiscal 2008, the company reported a net loss of $169.9 million, or $10.12 per diluted share, compared with net income of $11.6 million, or 68 cents per diluted share, reported in fiscal 2007.

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