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Barnes & Noble Beats Wall Street Predictions

Barnes & Noble exceeded Wall Street estimates today, reporting that consolidated revenues had risen 2.5 percent to $1.5 billion in the fiscal 2013 first quarter compared to last year (analysts had predicted $1.48 billion in revenues).

As revenues rose, the company reported net loss of $41 million–loss declining 28 percent compared to last year. Barnes & Noble College bookstores recorded $221 million in revenues, a two percent decline from last year.

Here’s more about retail earnings, from the release: “The Retail segment, which consists of the Barnes & Noble bookstores and BN.com businesses, had revenues of $1.1 billion for the quarter, increasing 2% over the prior year … Comparable bookstore sales continued to benefit from the liquidation of Borders’ bookstores in fiscal 2012 and strong sales of the Fifty Shades of Grey series.”

 

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.