Barnes & Noble (BKS) Tops Q2 EPS by 3c, Revenues Miss, Comp. Sales Down 1.4%; Provides FY19 EBITDA Outlook
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Barnes & Noble Reports Fiscal 2019 Second Quarter Financial Results
November 20, 2018 8:30 AM ESTBest Comparable Store Sales in over Two Years
EBITDA Significantly Improves over the Prior Year
NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2019 second quarter ended October 27, 2018.
Total sales for the second quarter were $771 million, declining 2.5% as compared to the prior year. Comparable store sales declined 1.4%, the Companys best quarterly performance since the fourth quarter of fiscal 2016.
We saw significant improvement in our second quarter performance, especially notable in our comparable store... More
