Skip to main content

Barnes & Noble narrows loss in Q1

8/21/2012

New York -- Barnes & Noble reported Tuesday that it lost $41 million in the first quarter, compared with a loss of $56.6 million in the same period last year.



Results were bolstered by sales of e-books and other digital content, said CEO William Lynch.



Overall revenue rose 2% to $1.45 billion, and same-store sales climbed 4.6%. Sales in the retail segment also rose 2% -- to $1.1 billion.

X
This ad will auto-close in 10 seconds