Barnes&Noble.com Sales Increase 64% In Q3 2011
Barnes & Noble third quarter sales were $2.3 billion, for the fiscal 2011 third quarter, which ended January 29, 2011, a 7% increase from the same period last year.
Barnes & Noble.com comparable sales increased 64% as compared to a year ago. Barnes & Noble comparable store sales increased 7.3%, which was slightly higher than the company’s forecast for an increase of 5% to 7%.
William Lynch, CEO of Barnes & Noble said that eBook sales helped drive this: “In the digital area, our eContent business continues to scale quickly such that we now sell twice as many eBooks as we do physical books at BN.com.
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