After one glorious quarter of giving investors a little comfort, Barnes & Noble College is back to its old ways. The company reported fiscal first quarter earnings on Wednesday morning, missing analysts’ expectations for what is their quietest quarter. Sales of $337.5 million were down $18.2 million or 5.1 percent — even with the incorporation of the Student Brands acquisition — with a higher seasonal net of loss of $(38.6) million, compared to a loss of $(34.8) million a year ago. Same-store sales at their college bookstores were down 2.2 percent. Analysts were expecting flat sales and a reduced loss […]
