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Books-A-Million Second Quarter Sales Rise As Losses Narrow

August 21, 2012
By Sarah Weinman

Books-A-Million reported second quarter earnings for the period ended July 28, and for the third straight quarter sales rose — up 14.9 percent (or $19.6 million)–to $120.4 million compared to a year ago, due to the expanded store base that now comprises 255 outlets. The company recorded a net loss of $0.9 million for the quarter, an improvement from the $2.9 million in losses a year ago. Store comps were also up slightly, at 0.5 percent, compared to the second quarter last year. BAMM ceo and president Terence Finley characterized the general improvement in sales as “reflect[ing] the contribution from […]

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Filed Under: Booksellers, Earnings Reports

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