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Article: Barnes & Noble Reports Second Quarter Financial Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 21, 2008
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Copyright informationCOPYRIGHT 2008 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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Declares Quarterly Dividend
NEW YORK -- Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller, today reported sales and earnings for the second quarter ended August 2, 2008. In addition, the company also announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share for stockholders of record at the close of business on September 9, 2008, payable on September 30, 2008.
Sales for the second quarter decreased 1.6% to $1.2 billion largely due to last year's record sales of J.K. Rowling's Harry Potter and the Deathly Hallows. Barnes & Noble store sales decreased 1.6% to $1.1 billion, with comparable store sales decreasing 4.7% for ...
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