Barnes & Noble (BKS) Tops Q2 EPS by 5c
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Barnes & Noble Reports Fiscal 2017 Second Quarter Financial Results
November 22, 2016 8:30 AM ESTNEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2017 second quarter ended October 29, 2016.
Total sales for the second quarter were $858.5 million, declining 4.0% as compared to the prior year. Retail sales, which include Barnes & Noble stores and BN.com, declined 3.5% to $830.7 million for the quarter. Comparable store sales declined 3.2% on lower store traffic, which was partly offset by the release of Harry Potter and the Cursed Child. NOOK® sales, which include digital content, devices and accessories, declined 19.4% to $35.0 million for the... More