Bon-Ton Stores Q4 Profit Rises - Quick Facts

(RTTNews) - The Bon-Ton Stores, Inc. (BONT) reported fourth-quarter net income of $71.74 million or $3.55 per share, compared to $61.34 million or $3.04 per share, prior year. Fourth quarter of fiscal 2014 results include income of $0.53 per share associated with the gain on the insurance recovery, of which approximately $0.09 was attributed to profit recovery and $0.44 to asset recovery. Adjusted EBITDA was $113.1 million in the fourth quarter of fiscal 2014. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $3.36 for the quarter. Analysts' estimates typically exclude special items. Net sales increased to $942.59 million from $914.86 million last year. Analysts expected revenue of $973.26 million for the quarter. Comparable store sales increased 4.3% in the fourth quarter.

For 2015, the company expects: Adjusted EBITDA in a range of $150 million to $160 million, earnings per share in a range of a loss of $0.25 to profit of $0.25. Analysts expect the company to report 2015 profit per share of $0.47.