Barnes & Noble reports on holiday sales


Barnes & Noble (BKS) reports its holiday sales fell 6.6% to $1.1B as store closures took a toll.

Comparable store sales fell 5.5%, a mark which improves to -0.2% if Nook is backed out.

Amid a sluggish retail season, the revenue kicked up by the company's bookstores was decent.

Digital content sales dropped 27% Y/Y during the period with the company lacking new device introductions.

BKS +1.4% premarket

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