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Barnes & Noble Inc (BKS.N)

BKS.N on New York Stock Exchange

5.75USD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Barnes & Noble Declares Quarterly Dividend
Wednesday, 14 Mar 2018 04:15pm EDT 

March 14 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE DECLARES QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.15PER SHARE.  Full Article

Barnes & Noble Inc Launches Barnes & Noble Book Club​
Monday, 5 Mar 2018 08:30am EST 

March 5 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE INC - ‍ANNOUNCED LAUNCH OF BARNES & NOBLE BOOK CLUB​.  Full Article

Barnes & Noble Sees Charge Of About $11 Mln In Q3 For Employee-Related Severance Costs
Tuesday, 13 Feb 2018 08:50am EST 

Feb 13 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE - ON FEB 13, CO ANNOUNCED IT HAS IMPLEMENTED NEW LABOR MODEL FOR STORES THAT HAS RESULTED IN ELIMINATION OF CERTAIN STORE POSITIONS‍​.BARNES & NOBLE INC - ESTIMATES TO INCUR CHARGE OF ABOUT $11 MILLION IN FISCAL 2018 Q3 FOR EMPLOYEE-RELATED SEVERANCE COSTS IN CONNECTION WITH ACTIONS​.BARNES & NOBLE SAYS ESTIMATES THAT NEW LABOR MODEL FOR STORES WILL RESULT IN ANNUAL COST SAVINGS OF APPROXIMATELY $40 MILLION - SEC FILING.BARNES & NOBLE - MAJORITY OF SEVERANCE COSTS WILL RESULT IN CASH PAYMENTS DURING CO'S FISCAL 2018 FOURTH QUARTER, WITH BALANCE PAID IN FISCAL 2019.  Full Article

Barnes & Noble Says ‍Total Sales For Holiday Period Were $953 Mln
Thursday, 4 Jan 2018 05:08pm EST 

Jan 4 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE INC - ‍TOTAL SALES FOR HOLIDAY PERIOD WERE $953 MILLION, DECLINING 6.4% AS COMPARED TO PRIOR YEAR​.BARNES & NOBLE INC - COMPARABLE STORE SALES ALSO DECLINED 6.4% FOR HOLIDAY PERIOD, WHILE ONLINE SALES DECLINED 4.5%.BARNES & NOBLE INC - ‍SALES TRENDS "SOFTENED" IN DECEMBER, PRIMARILY DUE TO LOWER TRAFFIC​.BARNES & NOBLE - EXPECTS COMPARABLE STORE SALES TO DECLINE IN MID-SINGLE DIGITS FOR FISCAL 2018, EXCLUDING ITEMS.BARNES & NOBLE - EXPECTS CONSOLIDATED EBITDA TO BE IN A RANGE OF $140 MILLION TO $160 MILLION FOR FISCAL 2018, EXCLUDING ITEMS.BARNES & NOBLE INC - "REMAINS FOCUSED ON EXECUTING ITS STRATEGIC TURNAROUND PLAN".  Full Article

Barnes & Noble Reports Fiscal 2018 Second Quarter Financial Results
Thursday, 30 Nov 2017 08:30am EST 

Nov 30 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE REPORTS FISCAL 2018 SECOND QUARTER FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $-0.26 -- THOMSON REUTERS I/B/E/S.Q2 SALES FELL 7.9 PERCENT TO $791.1 MILLION.- QTRLY RETAIL SALES $769.7 MILLION VERSUS $830.7 MILLION.- ‍ FOR FISCAL 2018, EXPECTS COMPARABLE SALES TO DECLINE IN LOW SINGLE DIGITS​.- ‍COMPANY EXPECTS COMPARABLE STORE SALES TO BE APPROXIMATELY FLAT FOR BALANCE OF FISCAL YEAR​.- ‍ ADDITIONALLY, COMPANY PLANS TO REDUCE COSTS BY $40 MILLION FOR FULL FISCAL YEAR​.QTRLY ‍COMPARABLE STORE SALES DECREASED 6.3%​.- FOR FISCAL 2018, EXPECTS FULL YEAR CONSOLIDATED EBITDA TO BE APPROXIMATELY $180 MILLION.  Full Article

Barnes & Noble Reports 2018 Q2 Loss Per Share $0.41
Thursday, 30 Nov 2017 08:30am EST 

Nov 30 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE REPORTS FISCAL 2018 SECOND QUARTER FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $-0.26 -- THOMSON REUTERS I/B/E/S.Q2 SALES FELL 7.9 PERCENT TO $791.1 MILLION.QTRLY RETAIL SALES $769.7 MILLION VERSUS $830.7 MILLION.FOR FISCAL 2018, EXPECTS COMPARABLE SALES TO DECLINE IN LOW SINGLE DIGITS​.COMPANY EXPECTS COMPARABLE STORE SALES TO BE APPROXIMATELY FLAT FOR BALANCE OF FISCAL YEAR​.ADDITIONALLY, COMPANY PLANS TO REDUCE COSTS BY $40 MILLION FOR FULL FISCAL YEAR​.QTRLY ‍COMPARABLE STORE SALES DECREASED 6.3%​.FOR FISCAL 2018, EXPECTS FULL YEAR CONSOLIDATED EBITDA TO BE APPROXIMATELY $180 MILLION.  Full Article

Barnes & Noble reports Q1 loss per share of $0.15
Thursday, 7 Sep 2017 08:30am EDT 

Sept 7 (Reuters) - Barnes & Noble Inc : :Barnes & Noble reports fiscal 2018 first quarter financial results.Q1 loss per share $0.15.Q1 earnings per share view $-0.12 -- Thomson Reuters I/B/E/S.Q1 sales fell 6.6 percent to $853 million.Barnes & Noble Inc - ‍For fiscal year 2018, company continues to expect comparable bookstore sales to decline in low single digits​.Qtrly ‍comparable store sales decreased 4.9%​.Barnes & Noble Inc - ‍ For fiscal year 2018, company continues to expect full year consolidated EBITDA to be approximately $180 million​.Barnes & Noble Inc - Qtrly retail segment revenue $‍830​ million versus $881.7 million.Barnes & Noble Inc - Qtrly NOOK segment revenue $‍29.5​ million versus $41 million.FY2018 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Barnes & Noble Inc - ‍"We expect to improve our performance in back-half of year"​.Barnes & Noble - Experienced lower online and NOOK sales during quarter, which were impacted by prior year ebook settlement and lower promotional activity.  Full Article

Barnes & Noble Inc says its chief merchandising officer, Mary Amicucci, will be leaving the company on September 29, 2017‍​ - SEC filing
Wednesday, 6 Sep 2017 04:35pm EDT 

Sept 6 (Reuters) - Barnes & Noble Inc :Barnes & Noble Inc says its chief merchandising officer, Mary Amicucci, will be leaving the company on September 29, 2017‍​ - SEC filing.Says it will begin a search for a new chief merchandising officer‍​.  Full Article

Barnes & Noble Inc says CEO Demos Parneros' FY 2017 total compensation was $2.3 mln - SEC filing ‍​
Monday, 7 Aug 2017 05:17pm EDT 

Aug 7 (Reuters) - Barnes & Noble Inc :Barnes & noble Inc says CEO Demos Parneros' FY 2017 total compensation was $2.3 million - SEC filing ‍​.  Full Article

Barnes & Noble Q4 loss per share $0.19
Thursday, 22 Jun 2017 08:30am EDT 

June 22 (Reuters) - Barnes & Noble Inc ::Barnes & Noble reports fiscal 2017 year-end financial results.Q4 loss per share $0.19.Q4 earnings per share view $-0.23 -- Thomson Reuters I/B/E/S.Q4 sales $821 million.Barnes & Noble Inc - for fiscal year 2018, company expects comparable bookstore sales to decline in low single digits.Barnes & Noble Inc - comparable store sales declined 6.3% for Q4.Barnes & Noble Inc - sees consolidated EBITDA to be approximately $180 million for fiscal year 2018.Barnes & Noble Inc - for quarter retail generated an operating loss of $15.9 million, while nook incurred an operating loss of $7.9 million.  Full Article

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Barnes & Noble shares soar after investor discusses sale with founder

Shares of Barnes & Noble Inc jumped as much as 21 percent on Friday after investor Richard Schottenfeld disclosed a higher stake in the bookseller and said he had discussed with its founder a possible sale of the company.