Barnes & Noble Education (BNED) Misses Q1 EPS by 2c

September 8, 2016 8:33 AM EDT
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Barnes & Noble Education (NYSE: BNED) reported Q1 EPS of ($0.60), $0.02 worse than the analyst estimate of ($0.58). Revenue for the quarter came in at $239.2 million versus the consensus estimate of $245.58 million.

Comparable store sales decreased 2.8% for the quarter representing approximately $6.2 million in revenue. The decrease is primarily attributable to textbook sales, which were down 6.8%, partially offset by an increase in general merchandise sales of 1.6%.

For earnings history and earnings-related data on Barnes & Noble Education (BNED) click here.

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