Barnes & Noble.com Misses Street, Loses 11.8%
Barnes & Noble.com
undefined
was down 11.8% in preopen
Island
trading.
Scroll to Continue
TheStreet Recommends
After Wednesday's close, the online bookseller
posted a fourth-quarter loss of 36 cents per share, missing the lowered
First Call/Thomson Financial
estimate of 31 cents and worse than the year-earlier 27-cent loss.
The company, which was originally supposed to report results last week, said it fired about 16% of its staff, or 350 people.
