B&N Records Profit Decline Amidst Reduced Store Traffic
August 20th, 2009
“Barnes & Noble profit fell to $12.3 million, or 21 cents a share, for the quarter ended Aug. 1, from $15.4 million, or 27 cents a share, a year earlier.” Declining store traffic was largely to blame, according to CEO Steve Riggio. The Wall Street Journal Aug. 20, 2009
Tags: 2Q earnings, Barnes & Noble