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Weak Sales Continue at Books-A-Million, With Q4 Profits

Books-A-Million reported fourth quarter and full year results Thursday afternoon. Unlike last year's 14-week quarter, a once-every-six-years occurrence, BAMM's current Q4 reverted to the usual 13 week period. Sales continued to decline, down 3.7 percent to $157.9 million compared to $163.9 million a year ago. Same-store sales continued their pattern…

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Rowman & Littlefield Says Publishing Unit Has "Best Year" Ever; Sales Rise for Indigo But Earnings Drop Sharply

Rowman & Littlefield announced their 2013 results informally, saying that book and journal sales rose by $4.1 million (or more than 8 percent) to $51 million for the year, helped by their acquisition of Down East Books. Digital products comprised just under 10 percent of publishing sales. They launched an…

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Amazon Continues Growing, But Less Than Analysts Guessed; Income Rises At Bertelsmann

Amazon reported fourth quarter sales after the close of the market on Thursday, with sales of $25.6 billion (up 20 percent) and net income of $239 million, or 51 cents a share. (That's a profit margin of less than 1 percent.) Analysts were expecting slightly higher sales and considerably better earnings, so…

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Waterstone's Congratulates Itself As Sales Fell Another 3 Percent

The Bookseller highlights cheerful remarks from Waterstone's managing director James Daunt that their three-year turnaround plan is "on track" after the company's results -- already dated -- through April 2013 were revealed. The silver lining is that sales only fell 3 percent, and their operating losses were also smaller. Daunt…

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Amazon Grows In Fourth Quarter, and Stock Slides On Lower Than Expected Sales and Earnings

Amazon reported fourth quarter sales after the close of the market on Thursday, with sales of $25.6 billion (up 20 percent) and net income of $239 million, or 51 cents a share. (That's a profit margin of less than 1 percent.) Analysts were expecting higher sales and earnings, and the…

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Soft Holiday Sales for Barnes & Noble Are Still An "Improvement" As Digital Content Falls Again

Barnes & Noble followed up their weak second quarter sales report with some improvement over the following 9-week holiday sales period (through December 28): Same-store sales at the BN superstores and BN.com declined 6.6 percent overall, and 5.5 percent on a comparable-sales basis, at $1.1 billion. But nearly all of…

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Yet Another Weak Quarter for Books-A-Million

Hours after Barnes & Noble reported their second quarter financial results, Books-A-Million did the same Tuesday afternoon for its third quarter following the close of the market. Sales for the quarter ending November 2 fell 3.5 percent to $100.5 million. Same-store sales declined further, down 9.2 percent -- and they…

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Earnings Reports: Hastings, Courier, and Osprey

Hastings reported third quarter sales of $94.7 million, down 6.6 percent, with 10 fewer superstores than the same period a year ago. Book sales declined 11.7 percent in the quarter, which the company blamed on "a weaker release schedule for new books and a decrease in trade paperback sales," particularly…

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Sales Fall At Indigo, Which Suspends Dividend to Drive Store Renovations

Canada's Indigo reported sales of $179 million for their fiscal second quarter (ending September 28), down 3.3 percent overall, and a bigger net loss of $10 million, compared to $4 million a year ago. Same-store superstore sales were down 2.8 percent, while comps at their smaller-format stores declined 8.2 percent.…

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Once Again Amazon Sales Grow On Modest Loss -- And Shares Take Off

Amazon reported third quarter sales after the close of the market on Thursday that were consistent with the company's recent pattern, growing sales significantly and continuing to lose a little bit of money along the way. With shares already trading near record levels, the stock was buoyant in after-market trading…

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