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March 11, 2015By Michael Cader

Barnes & Noble Discloses More Figures, Buys More Time from Samsung

March 11, 2015By Michael Cader

As we’ve pointed out, Barnes & Noble’s sales of Nook-branded devices have been running well below projections and their purchase promise made to Samsung. In an amendment to that agreement dated March 7, Samsung agreed to give Nook until June 30, 2016 to purchase at least 1 million co-branded tablets — giving them an extra 9 months to try to meet their minimum. Barnes & Noble’s quarterly SEC filing also provides some additional breakdowns on their business components. In the retail stores, you can now see the balance between growing toys & games sales versus what the company has called stabilizing […]

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Filed Under: Booksellers, Earnings Reports

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