Barnes & Noble’s retail business, which includes sales from Barnes & Noble bookstores and BN.com, earned $1.1 billion in revenues during the nine-week holiday period ending December 28, 2013.
The earnings represent a 6.6% decrease over the prior year, which the company attributed to a 5.5% decline in comparable sales and store closures.
Here is more from the press release: “The NOOK segment (including digital content, devices and accessories), had revenues of $125 million for the nine-week holiday period, decreasing 60.5% as compared to a year ago. Device and accessories sales were $88.7 million for the holiday period, a decrease of 66.7% from a year ago, due to lower unit selling volume and lower average selling prices. Digital content sales were $36.5 million for the holiday period, a decline of 27.3% compared to a year ago due to lower device unit sales and lower average selling prices.”