Friday, November 23, 2018

B&N Cuts Q2 Losses as Comp Sales Improve - Publishers Weekly

I love Thanksgiving.
Panzer is still recovering from Thanksgiving dinner; so, today's trip into the Catosphere was a quick one to the Publishers Weekly site. With a little digging around in the posts our waddling kitty boy found one about Barnes and Noble.

According to Jim Milliot, Barnes and Noble announced the company's sales figures for the second quarter. Compared to the same time frame in 2017 book sales declined by 3 percent, but toys, games and cafe sales increased by 1.9 percent. The company was also able to cut its operating loss nearly in half from $52.2 million to $26.8 million.

Panzer says, "Let's see how they do in the holiday season."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Barnes and Noble

No comments:

Post a Comment

ShareThis