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Barnes & Noble Has Big Declines At Retail Stores and Nook; Takes $151 Million Charge and Will “Partner” On Color Tablets

June 25, 2013
By Michael Cader

Barnes & Noble reported another poor quarter to end fiscal 2013: Sales of $1.28 billion were down 7.4 percent from $1.38 billion a year ago, and the net loss doubled to $118.6 million, or $2.11 per share. Both results were far worse than analysts had forecast (as we covered yesterday). Results “were adversely impacted by […]

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Filed Under: Bookstores, Finance

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