MobileRead Forums - View Single Post - B&N to split its retail and Nook media businesses into 2 separate public companies

Top100EbooksRank · 06-25-2014, 10:29 AM

PDF File
http://www.barnesandnobleinc.com/doc...FYE_ebitda.pdf

year ending May 3 2014

Nook Revenue: $506 million
Gross Profit: $82 million
Selling and Administrative Expenses: $300 million

EBITDA: ($218 million)

In order to have a positive EBITDA, Nook need to have a bigger gross profit and a much smaller selling and administrative expenses. Can that be achieve?

Overall, I think the Nook has been a disaster for B&N. It could cost the company up to $2 billion in losses when it all said and done.

I think Nook boards of directors would say with hindsight that they made a mistake by creating the Nook. B&N would be much stronger today without the Nook.

06-25-2014, 10:29 AM	#7
Top100EbooksRank Banned Posts: 304 Karma: 6102528 Join Date: Mar 2012 Device: Kindle	PDF File http://www.barnesandnobleinc.com/doc...FYE_ebitda.pdf year ending May 3 2014 Nook Revenue: $506 million Gross Profit: $82 million Selling and Administrative Expenses: $300 million EBITDA: ($218 million) In order to have a positive EBITDA, Nook need to have a bigger gross profit and a much smaller selling and administrative expenses. Can that be achieve? Overall, I think the Nook has been a disaster for B&N. It could cost the company up to $2 billion in losses when it all said and done. I think Nook boards of directors would say with hindsight that they made a mistake by creating the Nook. B&N would be much stronger today without the Nook.