Friday, June 21, 2019

Barnes & Noble Reports Revenue Down 3% for the Year, Nook Revenue Down 17% - The Digital Reader

Panzer was tootling around in the Catosphere when he decided to stop in at The Digital Reader site. With hardly any digging at all our speedy kitty boy found a post about Barnes and Noble.

According to The Digital Reader site owner Nate Hoffelder's post, Barnes and Noble announced the company's sales and revenue for the just ended fiscal year. This fiscal year's total sales declined over the previous year by 3 percent. Nook revenue made the biggest decline at 17 percent. The exact sales and revenue figures are included in the post.
What will happen to the Nook?

Panzer says, "This little kitty doesn't know if Barnes and Noble's new owner will want to continue the Nook."

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

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