Books-a-Million
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Q2 Results for Books-A-Million - Posted August 23, 2007
Books-a-Million announced in a release issued today its financial results for the second quarter ended August 4, 2007. Net sales for the 13-week period increased 9.6% to $132.8 million from sales of $121.2 million in the year-earlier period. Comparable store sales for the quarter increased 6.6% when compared with the 13-week... [GalleyCat]
Borders Gets New CIO - Posted August 21, 2007
The Book Standard reports that Susan Harwood has joined Borders as chief information officer, an appointment that was briefly announced along with the resignation of Cedric Vanzura. Harwood, who will report to CEO George Jones, comes from Books-A-Million, where she served as vice president of inf... [GalleyCat]
Special Gift for BAM Shareholders - Posted June 7, 2007
Books-A-Million announced that the Board of Directors has declared a special one-time dividend of $3.00 per share. The dividend will be paid on July 5, 2007, to shareholders of record at the close of business on June 20, 2007. A total of ... [GalleyCat]
First Quarter Results for BAM, Borders - Posted May 30, 2007
PW Daily reports that sales at Books-A-Million rose 2.1% in the first quarter ended May 5, to $116.3 million while earnings jumped 40%, to $2.1 million. The revenue gain came despite a 0.5% decline in same store sales in the period. The increase in earnings was attributed to fewer discounts as... [GalleyCat]
Borders Reports Quarterly Results - Posted January 9, 2007
And like its chain counterparts Barnes & Noble and Books-a-Million, Borders reports that for the nine-week period ending December 30, 2006, comparable store sales at Borders domestic superstores decreased by 1.9%, which is lower than management's prior projection and driven primarily by a decline in store traffic. At $1.1 billion, total... [GalleyCat]
Further AMS Bankruptcy Updates - Posted January 5, 2007
The New York Times finally picks up the Advanced Marketing Services bankruptcy story (what took so long?) and provides an overview of why this is big news in the publishing industry. "This is a huge disruption in this business," said a publishing executive to Julie Bosman, who declined to be further... [GalleyCat]
Books-A-Million's sales dip, too - Posted January 5, 2007
After a sales conference call broadcast live yesterday afternoon, Books-a-Million reported in a statement that sales for the nine-week period ended December 30, 2006, totaled $124.5 million compared with $123.7 million during the same period of fiscal 2006, an increase of 0.7%. But comparable store sales for the period decreased 2.1%... [GalleyCat]
