Barnes & Noble (BKS) Cuts FY12 Outlook Well Below the Street
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Barnes & Noble (NYSE: BKS) cuts its FY12 outlook: sales from about $7.4 billion to $7-$7.2 billion, which compares to the Street estimate of $7.33 billion. Loss raised from 10-50 cents per share to $1.10-$1.40 per share. The Street is looking for a loss of 63 cents per share.
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