Barnes & Noble Nook Business Up 85% - GalleyCat

By Jason Boog on December 1, 2011 2:47 PM

Barnes & Noble reported yesterday that retail sales were down 1 percent during the second quarter compared to the same period last year, dipping from from $931 million to $918 million.

Here?s more from the release: ?The consolidated NOOK business across all of the company?s segments, including sales of digital content, device hardware and related accessories, increased 85% in the second quarter to $220 million, on a comparable sales basis.?

The bookseller reported a net loss of $6.6 million for the quarter, significantly less than the $12.6 million loss last year during the same period. At the same time, BN.com saw sales rise 17 percent (to $206 million) and college bookstore sales dropped four percent (to $768 million) for the quarter. (Via Publishers Lunch)

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Source: http://www.mediabistro.com/galleycat/barnes-noble-nook-business-up-85_b43192

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