Tuesday, August 24, 2010

Dismal Barnes & Noble 1st Quarter Results Due Any Moment Now

BusinessWeek: "Barnes & Noble Inc., the nation's largest traditional book seller, reports fiscal first-quarter results before the market opens on Tuesday. ... WHAT'S EXPECTED: Analysts polled by Thomson Reuters expect Barnes & Noble to report a loss of 80 cents per share on revenue of $1.42 billion. LAST YEAR'S QUARTER: Barnes & Noble reported a loss of 5 cents per share on revenue of $1.11 billion in the prior-year quarter."