Books-a-Million reported fourth quarter sales after the close of the market on Monday, with sales rising 1.8 percent (or $3 million) to $161 million and net income jumping by 63 percent, up to $18.9 million, for the period ending January 31. The modest sales gain helped BAMM grow slightly for the year, with sales of $474 million rising $3.7 million from a year ago. More importantly, the growth in fourth quarter profits left the bookseller with net income from continuing operations of $2.9 million for the fiscal year, compared to a net loss of $8.4 million the year before. Same-store sales rose 1.7 […]
