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Yesterday
Barnes & Noble Education released only preliminary results for their second quarter ended October 26, historically their biggest and most profitable period. Sales are expected to be “approximately flat” — compared to a weak performance a year ago, when they reached $617 million (down from $627 million the prior year and well below pre-pandemic levels of $772 million in 2019). They estimate net income registered between $44 million and $49 million, compared to $25 million last year, “driven by comparable store top-line growth and continued improvements in cost management.” After a first quarter loss of $(99.5) million, the company is …
Mike Shatzkin, RIP
Nov. 7, 2024
Deal of the Day
Celine Ong's HOLD ME LIKE A GRUDGE, a queer sports romance about two rival professional wrestlers who can't fight their growing feelings for each other; and LOSER NEW YEAR, a queer contemporary romance, pitched in the vein of CRAZY RICH ASIANS, in which the heir to one of Singapore's wealthiest families convinces his coworker to pretend to be his boyfriend when he's forced to return home to celebrate Lunar New Year, to Amanda Maurer at Berkley, in a six-figure deal, in a … read more
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