1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
10qk
10qk
Articles 

Barnes & Noble Inc. Reports Operating Results (10-Q)

December 06, 2012 | About:

Barnes & Noble Inc. (NYSE:BKS) filed Quarterly Report for the period ended 2012-10-27.

Barnes & Noble, Inc. has a market cap of $860.4 million; its shares were traded at around $14.42 with and P/S ratio of 0.1.

Highlight of Business Operations:

B&N College sales increased $3.4 million, or 0.4%, to $773.0 million during the 13 weeks ended October 27, 2012 from $769.7 million during the 13 weeks ended October 29, 2011. The increase was attributable to new B&N College stores which increased sales by $35.0 million, offset by lower comparable store sales and closed stores that reduced sales by $24.8 million and $6.4 million, respectively. Sales were impacted by the continued growth of textbook rentals, which have a lower price than new or used textbooks, and a portion of rental sales are deferred over the rental period. On a comparable basis, which reflects the retail selling price when rented, sales declined 0.5% versus the prior year.

B&N College sales increased $3.6 million, or 0.4%, to $993.7 million during the 26 weeks ended October 27, 2012 from $990.1 million during the 26 weeks ended October 29, 2011. The increase was attributable to new B&N College stores which increased sales by $42.3 million, offset by comparable store sales and closed stores that reduced sales by $28.7 million and $9.4 million, respectively. Sales were impacted by the continued growth of textbook rentals, which have a lower price than new or used textbooks, and a portion of rental sales are deferred over the rental period. On a comparable basis, which reflects the retail selling price when rented, sales declined 0.8% versus the prior year.

Read the The complete Report

About the author:

10qk
Charlie Tian, Ph.D. - Founder of GuruFocus. You can now order his book Invest Like a Guru on Amazon.

Rating: 1.0/5 (3 votes)

Comments

Please leave your comment:


GuruFocus has detected 2 Warning Signs with Barnes & Noble Inc $BKS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by 10qk


User Generated Screeners


ttaranto10 Growth 30% Off Hi P/E
jrCannabis Companies
browntroutBV Compounders with Single Dig
browntroutSingle Digit TTM PE and Low BV
NeteaAdi growth screening
andrewgu999BEST1
andrewgu999BEST
DANGORDON***TOTAL RETURN 5Y 10Y 6-30-17
FingerStoppersEV/EBITDA gurufocus
HattcoSCapP>7PB1PE<40No OTC
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK