Books-A-Million: Comps Up 2 Percent; Loss Widens The number three book chain reported same-store sales rose 2.1 percent in their fiscal third quarter, reaching $117.7 million overall. Their net loss rose, however, to $555,000, nearly three times the loss this time a year ago. CEO Sandra Cochran says in the release that “operating costs for the period, driven primarily by an increase in heath care expense, exceeded our plan. Looking forward, our fourth quarter best seller lineup is solid, and we are focused on executing our merchandising and marketing plans for the holiday season.” Release Judge Says Book Reading/Purchasing Is […]
