Barnes & Noble (BKS) Misses Q3 EPS by 18c
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Barnes & Noble Reports Fiscal 2017 Third Quarter Financial Results
March 2, 2017 8:30 AM ESTNEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2017 third quarter ended January 28, 2017.
Total sales for the third quarter were $1.3 billion, declining 8.0% as compared to the prior year. Retail sales, which include Barnes & Noble stores and BN.com, declined 7.5% to $1.3 billion for the quarter. Comparable store sales declined 8.3% for the quarter largely due to lower traffic, as well as the decline in coloring books, artist supplies and last years best-selling album by Adele, which collectively... More
