Barnes & Noble (BKS) Reports Mixed Q2 Earnings; Guides Q3; Cuts FY08 Comps Outlook
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Barnes & Noble, Inc. (NYSE: BKS) reports Q2 EPS of $0.15, ex-items, 6 cents better than the analyst estimate of $0.09. Revenues for the quarter were $1.2 billion, versus the consensus of $1.24 billion.
Sees a Q3 loss of $0.10-$0.15, versus the consensus of ($0.13). Reaffirms its FY EPS guidance of $1.70-$1.90, versus the consensus of $1.74.
Cuts its FY08 same store sales guidance from slightly negative to a decrease in the low single digits.
Barnes & Noble, Inc., together with its subsidiaries, operates as a bookseller in the United States and the District of Columbia.
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