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Article: Barnes & Noble Reports 2004 Results: Full-Year Comparable Store Sales Increased 3.1%; EPS In-Line with Guidance; Issues 2005 Guidance.
- Article from:
- Business Wire
- Article date:
- March 17, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller, today reported sales and earnings for the fourth quarter and for the full-year ended January 29, 2005.
2004 RESULTS
Barnes & Noble store sales were $1.4 billion for the quarter and $4.1 billion for the year, increasing 5% and 7%, respectively, over the prior year periods. Comparable store sales increased 1.7% for the fourth quarter and 3.1% for the year. The company opened 32 new Barnes & Noble stores for the year and closed 13 locations ending the year with 666 stores.
B. Dalton sales, which comprise approximately 4% of total bookstore sales, were $60.9 million for ...