Another Mixed Bag For Barnes & Noble

Although Barnes & Noble posted lots of positive results for the year-end and fourth quarter of fiscal 2012, the number most analysts seem to focus on was Nook segment sales for the fourth quarter, which fell 10.5%, to $164 million. CEO William Lynch explained that the decline was due to heavy re...

Full description

Saved in:

Bibliographic Details
Published in:	Publishers Weekly 2012-06, Vol.259 (26), p.3
Main Author:	Milliot, Jim
Format:	Article
Language:	eng
Subjects:	Book industry Bookstores E-books Electronic book readers Financial performance Huseby, Michael P Lynch, William Retailing industry
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Description
Summary:	Although Barnes & Noble posted lots of positive results for the year-end and fourth quarter of fiscal 2012, the number most analysts seem to focus on was Nook segment sales for the fourth quarter, which fell 10.5%, to $164 million. CEO William Lynch explained that the decline was due to heavy returns of Nook Simple Touch in the quarter and the decision to delay the launch of Nook GlowLight to May to ensure it met B&N's quality standards.
ISSN:	0000-0019 2150-4008