Barnes & Noble filed their full annual SEC report, subsequent to their basic earnings release last Thursday, which offers more specific details about the company’s performance. Perhaps most relevant are the breakdowns on sales at the BN Retail unit. As reported last week, overall sales in this division decreased $186.9 million in the just-closed fiscal year, at $4.108 billion. Actual book sales declined by $5.5 million for the year, “primarily due to lower trade and juvenile sales.” Non-book merchandise rose by $21.9 million during the year, “primarily due to the continued growth of the toys & games and gift businesses.” Online sales […]
