Barnes & Noble Education reported fourth quarter results on Tuesday morning, with a strong finish to the fiscal year, as sales rose 7.6 percent (or $20.8 million) to $294.8 million, with same-store sales up 4.5 percent in the period. They incurred $8.3 million in restructuring costs related to the Yuzu debacle, however (they have transitioned their failed etextbook platform to VitalSource), leaving the company with an operating loss of $4.2 million and a net loss of $2.8 million in the quarter. For the full fiscal year, sales of $1.808 million were up $35 million (or 2 percent), with a whisper […]
