Barnes & Noble's CEO Discusses F2Q2013 Results - Earnings Call Transcript

Nov. 29, 2012 1:38 PM ETBarnes & Noble, Inc. (BKS)
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Barnes & Noble Inc. (NYSE:BKS) Q2 2013 Earnings Call November 29, 2012 10:00 AM ET


William Lynch – Chief Executive Officer

Michael Huseby – Chief Financial Officer

Mitchell Klipper – Chief Executive Officer, Retail

Andy Milevoj – Vice President, Investor Relations


Taylor LeBar (ph) – Stifel Nicolaus

Matthew Fassler – Goldman Sachs

Peter Wahlstrom – Morningstar Investment Research

Alan Rifkin – Barclays

John Tinker – Maxim Group

David Strasser – Janney Capital Markets

Marjorie Gochberg – Harvest Management

Rick Schottenfeld – Coyote Capital


Good day ladies and gentlemen and welcome to the Barnes & Noble Second Quarter 2013 Earnings call. As a reminder, today’s call is being recorded. At this time, I would like to turn the call over to Mr. Andy Milevoj, Vice President of Investor Relations. Please go ahead, sir.

Andy Milevoj

Good morning and welcome to Barnes & Noble’s Fiscal 2013 Second Quarter Earnings conference call. Joining us today are our CEO, William Lynch; Mitch Klipper, CEO of retail; Michael Huseby, CFO; and Allen Lindstrom, Corporate Controller, as well as other members of our senior management team.

Before we begin, I would like to remind you that this call is covered by the Safe Harbor disclaimer contained in our press release and public documents and is the property of Barnes & Noble. It is not for rebroadcast or use by any other party without the prior written consent of Barnes & Noble.

During this call, we will be making forward-looking statements which are predictions, projections, or other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, including those contained in our press release. The company disclaims any obligation to update any forward-looking statements that may be discussed during this call.

At this time, I’d

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