Barnes & Noble Education reported fiscal fourth quarter sales (through April), with new store openings and the MBS Textbook Exchange acquisition lifting sales modestly. Stores sales of $314 million were up $19 million with new stores and a 1.4 percent increase in same-store sales, and MBS added another $34 million in the quarter. They had consolidated net income of just $200,000. The decent finish still left same-store sales down 3 percent for the full fiscal year. Including the small contribution from MBS, sales of $1.874 billion were up $66 million, with consolidated net income of $5.4 million. The company opened 38 […]
