Barnes & Noble reported fourth quarter and full-year results Thursday morning, and once more the trendline for the company is decidedly downward. Sales for the quarter were $786 million, a decline of 4.3 percent from the prior year, while comparable store sales dropped 4.1 percent. Consolidated EBITDA was $6.7 million in the fourth quarter, as compared to $5.6 million a year ago. The company incurred a fourth quarter net loss of $21.1 million, or $0.29 per share, compared to a loss of $13.4 million, or $0.19 per share, in the prior year, factoring in a $7.7 million charge “associated with […]
