Barnes & Noble’s Loss Wider Than Anticipated

Told you so. BusinessWeek: "Aug. 24 (Bloomberg) -- Barnes & Noble Inc., the U.S. bookstore chain that put itself up for sale this month, posted a wider first-quarter loss than some analysts estimated as retail sales fell for an 11th straight quarter. The loss excluding some items was $1.02 a share in the three months ended July 31, the New York-based chain said in a statement. Analysts projected a loss of 80 cents, the average of five estimates compiled by Bloomberg."