Sunday, July 03, 2011

Barnes & noble sees losses mount in fiscal Q4

Sunday, July 03, 2011

Barnes & noble Inc.bizWatch Barnes & noble Inc. Consequences which reported deeper losses Tuesday for its fourth this company the fiscal quarter and the year of 30. April ended.

The bookseller posted a net loss of 59.4 million $ or $1.04 per share on sales of $1.4 billion for its fourth quarter 2011. That compared to a net loss of $ 32 million, or 58 cents per share on revenue of $1.3 billion for the same quarter of last year.

For the year, Barnes & noble (NYSE: BKS) recorded a net loss of 73.9 million $ or $1.31 per share on revenue of $7 billion. That is compared to a profit of $36,7 million or 63 cents per share, on revenue of $5.8 billion for the previous year.

There are 705 Barnes & noble book stores in all 50 States, including three in Hawaii, according to PBN research.

Barnes & noble Inc.bizWatch Barnes & noble Inc. Consequences which reported deeper losses Tuesday for its fourth this company the fiscal quarter and the year of 30. April ended.

The bookseller posted a net loss of 59.4 million $ or $1.04 per share on sales of $1.4 billion for its fourth quarter 2011. That compared to a net loss of $ 32 million, or 58 cents per share on revenue of $1.3 billion for the same quarter of last year.

For the year, Barnes & noble (NYSE: BKS) recorded a net loss of 73.9 million $ or $1.31 per share on revenue of $7 billion. That is compared to a profit of $36,7 million or 63 cents per share, on revenue of $5.8 billion for the previous year.

There are 705 Barnes & noble book stores in all 50 States, including three in Hawaii, according to PBN research.


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