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Barnes & Noble Discloses More Figures, Buys More Time from Samsung

As we've pointed out, Barnes & Noble's sales of Nook-branded devices have been running well below projections and their purchase promise made to Samsung. In an amendment to that agreement dated March 7, Samsung agreed to give Nook until June 30, 2016 to purchase at least 1 million co-branded tablets…

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Barnes & Noble Sales Ebb; Earnings Improve Less Than Expected

Barnes & Noble reported fiscal third quarter earnings on Tuesday morning for the period ending January 31, with sales of $1.96 billion down $35 million from a year ago. EBITDA improved by $24 million to $197 million, and consolidated earnings rose to $72 million (93 cents per share), compared to $63 million (86 cents per…

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Waterstones' Sales Continuing Falling, But Daunt Expects Operating Profit Soon

Following the results of Waterstones in the UK is confusing, for two reasons. The first is that the privately-held company releases data on a delayed basis; in late January or early February, they file a government document that shows sales for the fiscal year ending the previous April. (So their…

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Merch Sales Lift Results At Indigo

Canada's Indigo -- the country's "largest book, gift and specialty toy retailer" -- reported results for the quarter ending December 27, with sales rising 2 percent to $339 million (CA), and adjusted EBITDA increasing $8 million to $41 million. Same-store sales were up 5.5 percent at their superstores and down…

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Amazon Has Slow Media Growth, But Slight Earnings Improvement Drives Stock

The sometimes inexplicable world of Amazon performance metrics continues. The company reported fourth quarter sales on Thursday after the close of the market, with relatively modest growth -- up 15 percent to $29.33 billion, below analysts' expectations of $29.7 billion. But their meager net income of seven-tenths of one percent…

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Apple Beats Strong Expectations with Record First Quarter Results

Apple reported first quarter earnings on Tuesday afternoon after the close of the market, facing expectations for another strong quarter of revenues and iPhone sales following the release of the iPhone 6 models. They exceeded those expectations with record results, as sales rose 30 percent to $74.6 billion (yielding profit of…

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Pearson Sees Profit Rising in 2015; WH Smith High Street Sales Continue Falling

In a short trading update, Pearson told investors that 2014 results should be in line with their previous guidance, yielding earnings per share of approximately £720m (of 66 pence a share). Their preliminary forecast for 2015 has earnings rising to between 75 and 80 pence per share. Chief executive John Fallon…

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People, Etc.

At Putnam, Ashley Hewlett has been promoted to senior publicist while Sarah Grimm moves up to associate publicist. Following the sales of Santillana's trade book business to Penguin Random House, Maria B. Campbell Associates is now the US literary scout for all of the company's Spanish-language (and Portuguese-language) book divisions: Penguin Random House…

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Whatever Is Happening with Tablet and eReader Sales, Apple's App Store Had Record New Year's

There are a variety of indications that sales of dedicated ereading devices as well as tablets (or at least non-Apple tablets) were weak over the holiday period -- perhaps because those who want them already have them, and the devices are all solid enough that they do not require continuous…

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Barnes & Noble Happily Flat for Holiday Sales

Barnes & Noble reported a not-terrible nine-week holiday sales period: Total sales at the division comprising the BN stores and BN.com were basically flat at $1.1 billion (up 0.2 percent), though that result was helped by "favorable timing of the fiscal nine-week period, which ended on January 3 this year as…

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