The Bon-Ton Stores Inc. on Tuesday announced financial results for the fiscal fourth quarter and full year.
Bon-Ton's fourth-quarter net income fell to $74.4 million, or $3.71 per share. That's a 5 percent decrease, compared to $78.2 million, or $4 per share, earned during the same quarter a year earlier.
Revenue increased to $1.02 billion. During the same time period last year, revenue was $983.2 million.
The retailer's full-year loss grew to $21.6 million, or $1.16 per share, from $12.1 million, or 67 cents per share, a year prior.
Bon-Ton's annual revenue was $2.92 billion-a 1 percent increase from the $2.88 billion reported the previous year.
For fiscal 2013, the retail chain is predicting earnings between 40 cents and $1 per share and a revenue increase between 2 percent and 3.5 percent.
Bon-Ton has corporate headquarters in both Springettsbury Township and Milwaukee.