Barnes & Noble Education (BNED) Misses Q1 EPS by 1c
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Barnes & Noble Education Reports Fiscal 2016 First Quarter Financial Results
September 9, 2015 8:40 AM EDTSales increase 5.9% to $239 million
Comparable Sales Increase 1.8%
BASKING RIDGE, N.J.--(BUSINESS WIRE)-- Barnes & Noble Education, Inc. (NYSE: BNED) today reported sales and earnings for its fiscal 2016 first quarter ended August 1st, 2015. First quarter sales of $239.0 million increased $13.3 million, or 5.9%, as compared to the prior year. The Company reported, on a carve-out basis since it was still part of Barnes & Noble, Inc. (NYSE: BKS), a net loss of $26.9 million which is $0.7 million higher than the prior year for this non-rush,... More
