Barnes & Noble Plunges After Worst Holiday Quarter in Decade

And then my father wonders why I don’t have a ton of faith in traditional publishing right now. The game is changing and we need to change with it.

A Writer's Path

by Lauren Coleman-Lochner at Bloomberg

Barnes & Noble Inc. investors were bracing for weak results over the holidays. What they got was worse.

The bookstore chain posted profit of 96 cents last quarter, well below the $1.13 analysts estimated. And same-store sales — a closely watched benchmark — plunged 8.3 percent. That was the biggest holiday-quarter decline since 2005.

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3 thoughts on “Barnes & Noble Plunges After Worst Holiday Quarter in Decade

  1. That makes me sad. I love the smell of a book. Library books smell the best. Used books are also great for the treasure of readers before me noted, dog eared or underlined. I am devistated to believe I will eventually be forced to read on a screen. That’s it…I’m starting an endangered educational tool protest!

    Liked by 1 person

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