Book-A-Million quarterly sales up 9.6%

BIRMINGHAM, Ala. Books-A-Million today reported that net sales for the 13-week period increased 9.6% to $132.8 million from sales of $121.2 million in the year-earlier period. Comparable-store sales for the quarter increased 6.6% when compared with the 13-week period for the prior year. Net income increased to $3.1 million, or 19 cents per diluted share, compared with net income of $2.5 million, or 15 cents per diluted share, in the year-earlier period.

For the 26-week period ended Aug. 4, net sales increased 6% to $249.1 million from sales of $235.1 million in the year-earlier period. Comparable-store sales increased 3.1% when compared with the same period of fiscal 2007. For the 26-week period, the company reported net income of $5.2 million, or 31 cents per diluted share, compared with net income of $4 million, or 24 cents per diluted share, for the year-earlier period.