Barnes & Noble (BKS) Reports Q2 Loss Per Share of 29c, Revenue Tops Views, Comps Fall 4.1%

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Go back to Barnes & Noble (BKS) Reports Q2 Loss Per Share of 29c, Revenue Tops Views, Comps Fall 4.1%

Barnes & Noble Reports Fiscal 2018 Year-End Financial Results

June 21, 2018 8:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2018 fourth quarter and full-year ended April 28, 2018.

Total sales were $786 million for the quarter and $3.7 billion for the full year, decreasing 4.3% and 6.0% over the prior year periods, respectively. Comparable store sales declined 4.1% for the fourth quarter and 5.4% for the full year.

The consolidated fourth quarter net loss was $21.1 million, or $0.29 per share, compared to a loss of $13.4 million, or $0.19 per share, in the prior year. Fourth quarter results include $7.7 million of non-recurring charges associated with the Companys strategic... More