Barnes and Noble Reports Declining Profits and Margins
Wed, 02/24/2010 - 02:00 — Anonymous
Barnes and Noble, the U.S.' largest bookstore chain, reported a decline in its third quarter profit and projected a fourth quarter which missed analysts' estimates.
Net income dropped to $80.4 million, or $1.40 a share, in the quarter ended Jan. 30 from $81.2 million, or $1.43, a year earlier, the New York-based company said today in a statement. The fourth-quarter loss will be 85 cent...
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