Thread: B&N (More bad on top of ... you know...)
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Old 03-01-2018, 02:11 PM   #79
Fbone
Is that a sandwich?
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Quote:
Third quarter results include a non-cash goodwill impairment charge of $133.6 million, and a severance charge of $10.7 million associated with the Company's transition to a new labor model.

Excluding non-recurring charges, third quarter EBITDA would have been $137.7 million.
The losses appear to be just on paper.
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