Barnes & Noble (BKS) Tops Q3 EPS by 11c, Offers Outlook

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Barnes & Noble Reports Fiscal 2019 Third Quarter Results

March 7, 2019 8:30 AM EST

Comparable Store Sales Increase 1.1%

Updates EBITDA Outlook

NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2019 third quarter ended January 26, 2019.

Total sales for the third quarter were $1.2 billion, flat with the prior year period. Comparable store sales increased 1.1%, reflecting the Companys best quarterly performance in several years.

The consolidated third quarter operating profit was $79.2 million, as compared to the prior year operating loss of $34.9 million. Third quarter results include asset impairment charges of $22.1 million, and... More