Bon-Ton reports 1Q net loss of $34.1 M

YORK, Pa. Bon-Ton reported a first quarter net loss of $34.1 million, or $2.03 per diluted share, compared to a net loss of $29.3 million, or $1.78 per diluted share for the same period last year.

For the first quarter of fiscal 2008, comparable-store sales decreased 4.6%. Total sales for the first quarter of fiscal 2008 decreased 5.1% to $700.2 million compared to $737.6 million for the same period last year.