Sales eked up $200,000 at Books-A-Million in their fiscal first quarter, ending May 3, reaching $103.8 million for the period. Same-store sales were down 2.5 percent, however, and the net loss of $5.6 million was significantly higher. (A year ago their loss was mitigated by a $2 million tax benefit.) Ceo Terrance Finley was upbeat nonetheless: “Sales in the first half of the quarter were strong driven by the momentum of the fourth quarter book lineup. We saw traffic slow later in the quarter, but we were pleased that we achieved our plan in our core book business, as well […]
