Books-A-Million Reports Drop in Sales

By Jason Boog 

13147BooksAMillion_logo-md.JPGThe bookseller Books-A-Million reported yesterday that profits had slipped 3.6 percent in the final quarter of 2008. According to Forbes, sales slipped to $164 million over that same time period, a 2.5 percent drop.

GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded publishing stocks hand-picked by GalleyCat readers–including company name, symbol, current stock price, and price increase or decrease at week’s close.

The McGraw-Hill Companies, Inc. MHP 18.91 -0.73
Books-A-Million, Inc. BAMM 4.43 1.13
Borders Group, Inc. BGP 0.62 0.04
Amazon.com, Inc. AMZN 69.96 -0.14
Barnes & Noble, Inc. BKS 21.51 -0.49
Wiley John & Sons Inc. JW.A 28.8 -0.89
Scholastic Corporation SCHL 12.05 -0.1
News Corporation NWS 6.89 -0.14