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May 26, 2005By Michael Cader

Lunch for Monday, May 16

May 26, 2005By Michael Cader

Superstores Improve at BN Same-store sales rose 2.2 percent for the first quarter at Barnes & Noble, hitting $1.097 billion overall. Most of that ($959 billion) comes from the BN superstores, as BN.com revenue fell slightly compared to a year ago ($91.4 million) and B. Dalton continues its fade($31.5 million). Net earnings from continuing operations fell at the high range of the company’s predictions and exceeded analysts expectations at $9.9 million, though consolidated earnings are lower without a contribution from the now spun-off GameStop. BN expects mid-single-digit comparable store gains next quarter, relying on the new Harry Potter, and expects […]

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