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Article: Barnes & Noble Reports Second Quarter Financial Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 20, 2009
CopyrightCOPYRIGHT 2009 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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Gross Margins Better than Expected
Achieves Earnings Per Share at High End of Guidance
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 1, 2009. In addition, the company also announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share payable on September 30, 2009 to stockholders of record on September 9, 2009.
Total sales for the second quarter were $1.2 billion, a 5% decrease compared to the prior year. Barnes & Noble store sales decreased 5% to $1.0 billion, with ...