Nook Sales Stagnate in Q1

Aug 21, 2012


      Bookmark and Share

BEST PRACTICES SERIES

The Q1 earnings news was not bad for Barnes & Noble investors, though it wasn't great either. According to paidContent, B&N revenues were up to $1.45 billion, but Nook sales weren't as much help as the bookseller might have hoped: "Nook sales - which include devices, digital content and accessories - were $192 million for the quarter, compared to $191 million last year."

But the companies net losses were diminished - from $57 million last year at this time to $41 for the quarter -- and therefore investors were fairly happy with the news.  

(www.barnesandnoble.com)