B&N Reports Fairst Quarter Sales

Barnes & Noble reported in a release today that sales for the first quarter increased 3% to $1.1 billion. Barnes & Noble store sales increased 3.3% to $1.0 billion, with comparable store sales increasing 1.7% for the quarter. Barnes & Noble.com sales were $93.8 million for the quarter, an 8.0% comparable sales increase compared to the prior year period. First quarter losses were $1.7 million or $0.03 per share, better than the company’s guidance for a loss of $0.08 to $0.12 per share.

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