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March 27, 2013By Sarah Weinman

Extra Week in Fiscal Year Boosts Books-A-Million’s Full-Year Sales and Profits

March 27, 2013By Sarah Weinman

Books-A-Million reported fourth quarter and full year results Wednesday afternoon, which reflect an extra added week that happens once every six years in the company’s reporting cycle. After four straight quarters of sales gains, BAMM saw a small decline (0.8 percent) at $165.6 million compared to a year ago. Same-store sales continued their pattern of quarterly declines, down 6.1 percent, though net income, at $8.1 million for the quarter was up from the $7.6 million reported during the same period last year. For the year, net sales increased 7.5 percent to $503.8 million (from $468.5 million, though based on a […]

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Filed Under: Booksellers, Earnings Reports

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