Struggling Bon-Ton Stores Inc. reported that its loss for the first quarter ended May 3 widened to $31.5 million, or $1.63 a diluted share, compared with a net loss of $26.6 million, or $1.41a share in the year ago period.
Total sales decreased 6.1 percent to $607.5 million from $646.9 million a year ago, and 5.8 percent on a comparable store basis. Adjusted earnings before interest, taxes, depreciation and amortization was $7.1 million, compared with $15.2 million in the first quarter of fiscal 2013.
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