Books-A-Million reported fourth quarter and full year results Thursday afternoon. Unlike last year’s 14-week quarter, a once-every-six-years occurrence, BAMM’s current Q4 reverted to the usual 13 week period. Sales continued to decline, down 3.7 percent to $157.9 million compared to $163.9 million a year ago. Same-store sales continued their pattern of quarterly declines, down 1.8 percent, but net income, at $11.2 million for the quarter was up from the $8.1 million reported during the same period last year. For the year, covering 52 weeks (compared to last year’s 53 weeks) net sales decreased 5.6 percent to $470.3 million (from $498.4 […]
