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Reload this Page B&N CEO Lynch resigns, replaced by CFO Huseby

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Old 07-26-2013, 08:20 PM   #31
murraypaul
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Originally Posted by Fbone View Post
B&N retail stores still had a $374 million profit for fiscal 2013. This is quite good when you realize they increased their profit on declining sales. It shows their cost cutting is working.
That is fake profit, not real profit.
"earnings before interest, taxes, depreciation and amortization"
They don't get to just ignore those things.
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Old 07-26-2013, 10:12 PM   #32
Fbone
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Originally Posted by murraypaul View Post
That is fake profit, not real profit.
"earnings before interest, taxes, depreciation and amortization"
They don't get to just ignore those things.
Perhaps not but Wall Street does. Some of those other "things" are paper losses.

The nook division had an EBITDA of negative $475 million.
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