BAM’s Loss Is As Expected Books-a-Million (BAM) lost under $1 million in their fiscal third quarter, a slight improvement over a year ago, on sales of $108 million, which were up just 0.6 percent on a same-store basis compared to a year ago. Ironically, though the company blamed the bad hurricane sales for weak performance when downgrading projections in late September, they still benefited from “insurance recoveries for three stores that were permanently damaged by hurricanes during last fiscal year.” BAM release BN Leads Big Chains for Third Quarter For their third quarter, Barnes & Noble slightly exceeded previous projections […]
