Barnes & Noble Meets Expectations

Barnes & Noble, ( BKS) Thursday, met fourth-quarter earnings expectations.

The nation's largest bookseller earned $130 million, or $1.65 a share, in the quarter ended Jan. 31, compared with $111 million, or $1.49 a share, a year ago.

Revenue rose to $2.21 billion from $1.85 billion a year ago. Same-store sales rose 6.4%.

The company forecast consolidated EPS of 9 cents to 14 cents for the first quarter and $2.20 to $2.27 a share for the full year, both below analysts' estimates.

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