NEW YORK — The Bon-Ton Stores Inc. bounced back from a small year-ago loss with a modest profit in the third quarter.

For the three months ended Nov. 2, the York, Pa.–based operator of 73 department stores in nine Northeastern states generated net income of $328,000, or 2 cents a diluted share, versus a net loss of $484,000, or 3 cents, in the comparable period last year. Without a $900,000 pretax charge for workforce reductions in the 2001 quarter, Bon-Ton would have earned 1 cent a share.

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