BKS Sinks 6%: FYQ4 Sees Slower Nook Sales, Higher Returns
Posted on June 19, 2012 at 12:00 PM EDT
Shares of Barnes & Noble (BKS) are down 90 cents, almost 6%, at $14.34, after the company this morning reported fiscal Q4 revenue slightly below analysts’ expectations and a deeper-than-expected net loss per share. Barnes said sales of its “Nook” e-book reader and tablet line would be reported as a separate segment going forward Revenue [...]
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