Putting Barnes & Noble’s results in context–and perhaps showing how deep the weakness in the consumer book market is running–Books-A-Million reported a same-store sales drop of 10.4 percent for their second quarter, on sales of $122.8 million. Income declined even more, with the company recording just $645,000, compared with net income of $3.1 million a year ago. CEO Sandra Cochran notes in the release: “Very challenging macro economic trends and tough comparisons to last year due to the record-breaking sales of Harry Potter and the Deathly Hallows led to disappointing comparable store sales for the quarter.”Release
