Bon-Ton Stores says sees Q1 adjusted EBITDA $13M-$15M Bon-Ton Stores issued a release correcting its Q1 adjusted EBITDA guidance issued earlier today. In its initial release, Bon-Ton had said it sees Q1 adjusted EBITDA $13M-$17M; the company now sees Q1 adjusted EBITDA $13M-$15M.
News For BONT From The Last 14 Days
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Bon-Ton Stores cuts FY14 EPS to 25c-55c from 40c-70c, consensus 57c Cuts FY14 SSS to up 1%-2% from up 1%-3%; Cuts FY14 adjusted EBITDA to $165M-$175M from $170M-$180M; Sees FY14 gross margin rate flat up to 20 basis points. Sees FY14 SG&A expense rate flat to up 20 basis points. Sees FY14 estimated tax rate of 39%. Backs FY14 CapEx $75M. Cuts FY14 cash flow to $15M-$25M from $20M-$30M.