Barnes & Noble Reports Fiscal 2016 Third Quarter Financial Results

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Barnes & Noble (BKS) Misses Q3 EPS by 2c; Core Comps Rose 1.3%

March 3, 2016 8:43 AM EST

Barnes & Noble (NYSE: BKS) reported Q3 EPS of $1.04, $0.02 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.42 billion.

Core comparable store sales increased 1.3% for the quarter.

NOOK sales of $51.7 million decreased 33.3%... More