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BRIEF-Bon-Ton Stores reports Q1 loss per share $2.86

May 18 Bon-ton Stores Inc

* Reports first quarter fiscal 2017 results

* Sees FY 2017 loss per share $2.08 to $2.59

* Q1 loss per share $2.86

* Q1 sales fell 9.3 percent to $536.1 million

* Q1 same store sales fell 8.8 percent

* Qtrly comparable store sales decreased 8.8% as compared with prior year period

* Bon-Ton Stores says "Q1 results did not meet our expectations due primarily to weak mall traffic trends, unfavorable weather" among other things

* Bon-Ton Stores Inc says "We expect to achieve additional cost reductions in fiscal 2017 through rollout of our internal profit improvement initiative"

* Sees FY 2017 comparable sales decrease now ranging from 3.0% to 4.0%, which excludes sales from 53rd week

* Sees FY 2017 capital expenditures not to exceed $30 million, net of external contributions Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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