Barnes & Noble Reports Fiscal 2019 Year-End Financial Results
BARNES & NOBLE (BKS)
Last barnes & noble earnings: 11/30 08:30 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2019 fourth quarter and full-year ended April 27, 2019. Total sales were $755 million for the quarter and $3.6 billion for the full year, decreasing 3.9% and 3.0% from the prior year periods, respectively. Comparable store sales declined 2.3% for the fourth quarter and 1.9% for the full year. The consolidated fourth quarter net loss was $18.7 million, or $0.26 per share, compared to a loss of $21.1 million, or $0.29 per share, in the prior year. Fiscal 2019 net earnings were $3.8 million, or $0.05 per share, compared to a net loss of $125.5 million, or $1.73 per share, in the prior year. Excluding non-recurring or unusual charges in all periods, consolidated EBITDA was $4.6 million in the fourth quarter, as compared to $6.7 million a year ago, and $147.2 million for fiscal 20
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