Hours after Barnes & Noble reported their second quarter financial results, Books-A-Million did the same Tuesday afternoon for its third quarter following the close of the market. Sales for the quarter ending November 2 fell 3.5 percent to $100.5 million. Same-store sales declined further, down 9.2 percent — and they had another big net loss of $7.1 million, or 47 cents per share (compared to a loss of $2.7 million a year ago). CEO Terrance Finley said in the release: “Our third quarter results are an improvement over the very difficult comparisons in the first half of the year. Comparable […]
