The Bon-Ton Stores reported that its net income for the fourth quarter was a better-than-expected $74.4 million, compared with $78.2 million in the year-ago period.
An issue related to drawstrings has resulted in Bon-Ton agreeing to pay a civil penalty in the amount of $450,000.
Bon-Ton Stores Inc. said Wednesday its fiscal fourth-quarter profit climbed 6%.