Barnes & Noble (BKS) Misses Q3 EPS by 2c; Core Comps Rose 1.3%
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Barnes & Noble Reports Fiscal 2016 Third Quarter Financial Results
March 3, 2016 8:30 AM ESTCore Comparable Store Sales Increase 1.3%, Marking Second Consecutive Increase
NOOK® Losses Decrease 62%
Consolidated EBITDA Increases to $169 million
NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2016 third quarter ended January 30, 2016.
Sales for the third quarter were $1.4 billion, decreasing 1.8% as compared to a year ago. Third quarter EBITDA was $169.0 million, increasing 1.6% as compared to EBITDA of $166.4 million a year ago. Consolidated third quarter net earnings from continuing operations were $80.3 million or $1.04 per share,... More
