Sales Dip at Barnes & Noble

Barnes & Noble released an earnings report yesterday, noting declines. UPDATE: Joe Lombardi, CFO of Barnes & Noble, corrects the information quoted from Business Week: “Barnes & Noble comp store sales are forecasted to decline 1 to 3 percent for our Q2 ending in October. Comp sales for fiscal 2010 are expected to decline 2 to 4 percent.”

Nevertheless, experts predict the company will unveil a new digital reader this holiday season. GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded publishing stocks hand-picked by our readers–including company name, symbol, current stock price, and price increase or decrease at week’s close.

-Name- -Symbol- -Last Price- -Change-
The McGraw-Hill Co. MHP 27.28 -0.03
Books-A-Million, Inc. BAMM 11.29 0.28
Borders Group, Inc. BGP 3.26 0.09
Amazon.com, Inc. AMZN 95.71 0.49
Barnes & Noble, Inc. BKS 20.85 -0.28
Wiley John & Sons Inc. JW.A 34.53 -0.25
Scholastic Corporation SCHL 24.61 -0.76
News Corporation NWS 14.17 0.14
Google Inc. GOOG 516.25 2.07
Apple Inc. AAPL 190.47 1.2
Sony Corporation SNE 28.44 0.24

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