Barnes & Noble reported on June 19 what may be its last quarterly earnings statement in its waning days as a public company, and the numbers held few surprises. For the fourth quarter, sales were $755 million, down $31 million from a year ago, with same-store sales declining 2.3 percent. The net loss was $18.7 million, a slight improvement over a loss of $21 million last Q4. Consolidated EBITDA, which excludes one-time charges, was $4.6 million in the fourth quarter, compared to $6.7 million a year ago. For the year, sales were $3.553 billion, from $3.662 billion in 2018. Net […]
