Barnes & Noble Education (BNED) Misses Q2 EPS by 20c

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Barnes & Noble Education Reports Fiscal 2016 Second Quarter Financial Results

December 8, 2015 8:31 AM EST

Sales Increase 0.6% for the 2nd Quarter and 1.8% Year to Date

New School Contracts Top $64 Million in Estimated Annual Sales

Comparable Sales Decline Due to Falling Enrollment in Two Year Community Colleges

BASKING RIDGE, N.J.--(BUSINESS WIRE)-- Barnes & Noble Education, Inc. (NYSE: BNED) today reported sales and earnings for its fiscal 2016 second quarter ended on October 31, 2015. Second quarter sales of $755.9 million increased $4.2 million, or 0.6%, as compared to the prior year. The Company reported net income of $33.4 million... More