After warning on their quarterly earnings investor call that the company board would “review the upcoming dividend payment,” Barnes & Noble announced Wednesday after the close of the market that the board had in fact approved another standard dividend of 15 cents a share. After approving a budget for fiscal 2019, which begins in the middle of this calendar year, the company also declared guidance of EBITDA “in a range of $175 million to $200 million” for the coming year. They said that EBITDA would “grow through improved sales trends and expense reductions.” In January, the company had reduced earnings guidance […]
