BN Delivers As Expected Fourth quarter earnings at Barnes & Noble met analysts’ expectations as the company reported a comparable-store sales increase of 3.3 percent at the BN superstores, with overall sales of $1.4 billion, and a 3.8 percent increase at the ever-shrinking roster of B. Dalton stores, which recorded $50 million in sales. BN.com sales rose just one percent, to $153 million. Net earnings from bookselling (excluding GameStop before the spinoff) were $123 million, or $1.76 a share, including a $7.5 million writedown “related to the impairment of certain store assets determined to be underperforming.” For the full fiscal […]
