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Old 02-01-2013, 03:41 PM   #34
Kali Yuga
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Quote:
Originally Posted by murraypaul View Post
Are they?
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.
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