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August 21, 2008By Sarah Weinman

Falling Sales, Outlook at B&N

August 21, 2008By Sarah Weinman

The lack of a comparable book sales-wise to Harry Potter and the Deathly Hallows – even with the success of Stephenie Meyer’s Breaking Dawn, the Story of Edgar Sawtelle by David Wroblewski and Randy Pausch’s The Last Lecture –  took an expected toll on Barnes & Noble’s second quarter earnings. Total sales for Barnes & Noble declined 2% to $1.22 billion. Store sales were off 1.6%, to $1.1 billion, while sales through Barnes & Noble.com increased 3.6% to $99.8 million. Comparable store sales fell 4.7% at the physical stores in the period. Excluding prior year sales of the Harry Potter […]

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Filed Under: Booksellers, Earnings Reports

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