Sales Down at Borders, Though BAM Move Past Stormy Days Rather as expected, Borders turned in a bad third quarter. Comparable superstore sales were down 1.6 percent from a year ago, registering $564 million. Same-store Walden sales fell 4.1 percent, at $151 million overall, and the international segment continues to post rapid growth, now up to $119 million in sales for the quarter. Overall, the company had a net loss of $1.5 million for the quarter, versus a profit of $0.5 million a year ago. CEO Greg Josefowicz blames the poor results on “sluggish store traffic and a slowdown in […]
