Bon-Ton posts smaller-than-expected loss in third quarter

New York -- Bon-Ton Stores narrowed its loss in the third quarter to $931,000, compared with a loss of $10.1 million in the year-ago period.

Revenue dipped 3% to $651.2 million from $668.7 million, narrowly missing analysts’ expected $671.2 million in revenue.

Same-store sales fell 2.8%.

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