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Borders sales down 1% for the quarter

5/28/2008

ANN ARBOR, Mich. Borders Group reported that total consolidated sales, at $784.7 million, were down 1% over a year ago. At Borders domestic superstores, comparable-store sales for the period decreased by 4.1%.

The first quarter loss from continuing operations was $31.7 million or 53 cents per share compared to $29.1 million or 50 cents per share a year ago.

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