Barnes & Noble more or less met analysts’ low expectations for their fiscal second quarter ending, October 29: Sales fell 4 percent, to $858.5 million, with same store sales down 3.2 percent “on lower store traffic,” even with the help of Harry Potter and the Cursed Child. Total Nook sales — including content and devices, was down a mere $35 million for the quarter. Consolidated second quarter EBITDA improved to $0.7 million, but the company still recorded a net loss of $20.4 million, or $0.29 per share (compared to a loss of $27.2 million, or $0.36 per share a year ago). With the Dow Jones industrials […]
