Barnes & Noble followed their headline fourth quarter press release with more extensive SEC filings by the end of the day on Thursday providing a number of additional details worth reviewing: Settlement Credits Perhaps contributing to the company’s slightly positive sales forecast for the new fiscal year, BN says that their customers have been allocated up to $95.7 million in total credits as a result of Apple’s settlement of the ebook pricing lawsuit. Though redemptions of the first round of ebook settlement credits, funded by the publishers, were higher than anticipated — running at about 76 percent of the available funds — for […]
