09-05-2018, 07:14 PM | #76 | |
Wizard
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09-06-2018, 07:18 AM | #77 | |
Grand Sorcerer
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It would be cheaper to buy the bits and pieces at a court managed liquidation. The last straw attempt may run longer than many expect. I see a lot of folk betting on a collapse in a year or less but I think they might linger longer. 18 months is my bet. Two more "disappointing" holiday seasons and three "CEOs" to go before the endgame. |
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09-06-2018, 04:05 PM | #78 |
Is that a sandwich?
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B&N releases their 10-Q report. A few interesting details popped out at me.
Sales by Product Line July,28,2018 (13-weeks): Media (tangible books, music, movies, newsstand) 71% Digital (Nook, accessories, eContent) 3% Other (toys, gifts, cafe) 26% Last years was 73%, 3%, 24% respectively. There are $225 million dollars in unused gift cards. These are considered liabilities until used then they're listed as revenue. Issuances of $50 million and redemptions of $55 million during the quarter. Last edited by Fbone; 09-06-2018 at 04:11 PM. |
09-06-2018, 04:08 PM | #79 |
Is that a sandwich?
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B&N's trade name is valued as $293 million. As an intangible asset this is just on paper as goodwill.
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09-06-2018, 05:41 PM | #80 | |
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http://www.globenewswire.com/news-re...-US-Drops.html So, B&N is more "reputable" than every other company out there. (Obviously their study predates the Parneros mess.) Of course, "reputable" doesn't imply profitable. Also, the company as a whole is valued at $440 Million. So two thirds of their value is their reputation? And they are pulling out $40M in dividends each year? They really are close to the edge. |
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11-01-2018, 12:39 AM | #81 | |
Bookaholic
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In Counterclaim, B&N Says Former CEO 'Sabotaged' Sale; Sexually Harassed Multiple Women
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https://www.publishersweekly.com/pw/...ple-women.html |
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11-01-2018, 01:56 PM | #82 |
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That narrative would fit any of the surviving soap operas.
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