Originally Posted by murraypaul
Actually profitable, not at earning-before-nasty-stuff level?
As far as I know, yes.
The Nook business lost $77 million in Q4 (on revenues of $164 million). B&N's net loss for the quarter was $57 million. This is typical for the Nook, it's a bona fide money pit.
Same-store sales were up 4.5% for Q4 (the Borders effect). For the college stores, it was 2.2%, and supposedly they landed some additional college contracts.
I don't think that sticking with the stores really was viable. But they desperately need to control costs on the Nook.