Barnes & Noble reported yesterday that retail sales were down 1 percent during the second quarter compared to the same period last year, dipping from from $931 million to $918 million.
Here’s more from the release: “The consolidated NOOK business across all of the company’s segments, including sales of digital content, device hardware and related accessories, increased 85% in the second quarter to $220 million, on a comparable sales basis.”
The bookseller reported a net loss of $6.6 million for the quarter, significantly less than the $12.6 million loss last year during the same period. At the same time, BN.com saw sales rise 17 percent (to $206 million) and college bookstore sales dropped four percent (to $768 million) for the quarter. (Via Publishers Lunch)