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Earnings Preview: Barnes & Noble Inc.

Stock quotes in this article: BKS  

PORTLAND, Ore. (AP) — Bookseller Barnes & Noble Inc. reports earnings for its fiscal first quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.

OVERVIEW: Barnes & Noble is still struggling with weak sales as consumers' tight discretionary spending limits their book and music purchases. This compounds the existing problems for business at Barnes & Noble, which has been losing market share to online and discount booksellers like Amazon.com for some time.

Barnes & Noble's profit dropped 29 percent in the most recent quarter, which included the holiday season — usually retailers' busiest time of the year. ...

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