Barnes & Noble reported weak sales across all of their divisions for the company’s fiscal second quarter (ending October 26), but a slightly smaller Nook loss and some of the fee concessions they’ve won from publishers for the retail stores allowed the company to produce something strange: actual net income. Sales for the quarter were $1.73 billion, down 8 percent or $150 million from a year ago, but EBITDA of $75.7 million was $9.1 million higher than 2012 and net income of $13 million, or 15 cents a share, was much improved and well ahead of expectations. (The loss for the […]
