- Barnes & Noble (BKS) shows another quarter of deteriorating revenue trends across segments.
- FQ2 segment revenue: Retail -7.5% Y/Y to $921M; College -4.6% to $737.5M; Nook -32.2% to $108.7M.
- Perhaps the most alarming nugget from the quarter: Digital content sales fell 21.2% Y/Y vs. -16% last quarter.
- The company did manage to back its previous guidance. (PR)
- BKS -3.3% premarket.
Not much to like from Barnes & Noble
Nov 26 2013, 09:08 ET