Barnes & Noble’s $2.7 Million Q1 Loss Good Enough to Beat Estimates (BKS)
Posted on May 21, 2009 at 11:16 AM EDT
Famous bookseller Barnes & Noble, Inc. (BKS) said Thursday that it lost $2.7 million in the latest quarter, as consumers continued to abandon traditional brick-and-mortar bookstore shopping in favor of online orders. The New York City-based company reported a first quarter net loss of $2.7 million, or 5 cents per share, compared with a loss of [...]