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NEW YORK Barnes and Noble today reported sales of $1.5 billion for the fourth quarter ended Feb. 2 and $4.6 billion for the full year. Excluding the impact of the extra week during fiscal 2006, sales increased 2.8% for the quarter and 4.3% for the full year, as compared to the same periods in 2006.

The company reported that comparable-store sales for the quarter decreased 0.5% and increased 1.8% for the year.

Barnes and Noble.com sales were $177 million for the quarter and $477 million for the full year. Excluding the impact of the extra week during fiscal 2006, Barnes & Noble.com comparable sales increased 13.1% for the quarter and 13.4% for the full year as compared to the same periods in fiscal 2006.

Consolidated sales were $1.8 billion for the quarter and $5.4 billion for the full year.

Net earnings were $115 million, or $1.79 per share for the fourth quarter, and $135.8 million, or $2.03 per share, for the full year, in-line with guidance updated on March 3.

The company expects first quarter comparable-store sales at Barnes and Noble stores to be slightly negative, and as previously announced, full-year comparable store sales are expected to be slightly positive.

The company said it expect Barnes and Noble first quarter earnings to range from 5 cents to 10 cents per share. The company said it expects full year earnings per share are expected to range from $1.70 to $1.90.