Barnes and Noble Takes a Fall (in the second quater)!

22 Aug

Written by: Lili

Summary: The US’s largest book store chain profits fall from 16.8 million to 12.3 million. The stocks fell from 27 cents to 21 cents, The revenue fell 5 percent to about 1.1 billion, Expenses fall to 288.7 million. Barnes and Nobles has decided to launch an online bookstore with 1 million titles by July 2010. Barnes and Noble is also predicted to fall another 1-3 percent in the third quarter.

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