Sales fell more than expected by analysts at Barnes & Noble in their fiscal first quarter, ending August 2, down 7 percent to $1.236 billion, but the loss was lower than estimated — with a consolidated net loss of $28.4 million, or 56 cents a share. Tellingly, the company admitted in this morning’s release that their plans to separate the BN retail business from Nook Media has included discussions “with its Nook Media partners to potentially restructure existing agreements” and “with potential third-party partners.” As a result, “Such discussions could affect the structure and timing of the separation.” What that […]
