BGP Warns for Q1

Borders Group, Inc. (NYSE: BGP) warns for Q1; now projects a first quarter consolidated per share loss of $0.06 to $0.07 versus previously projected consolidated earnings per share of $0.00 to $0.02. Both projections include the impact of non-operating adjustments.

Comparable stores sales at Borders superstores have declined by 0.8% and by 3.0% at Waldenbooks for the quarter.

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