Barnes & Noble Education reported results for the fiscal first quarter, ending July 31, “historically a period of low sales” and seasonal losses. With “the reopening of a majority of its campus stores,” revenues were a little less disastrous than a year ago, when they fell 35 percent. Sales were $241 million for the quarter, recovering $36 million but still well below normal, with a net loss of $(44.3) million, slightly better than the $(46.7) million loss a year ago. That was a little ahead of expectations and shares jumped over 15 percent in the first hour of trading Thursday […]
