Internet Sales Ignited Barnes & Noble's (BKS) Profits

Barnes & Noble (NYSE: BKS) swung to a profit in the latest quarter on growth in Internet sales. Third-quarter net income was reported at $4.38 million, or 7 cents a share, as compared to losses of $2.77 million, or 4 cents, in the year-ago quarter. The retailer also upped its annual forecast.

Barnes & Noble, Inc. (Barnes & Noble) is primarily engaged in the sale of books.

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