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March 1, 2013

Barnes & Noble reported on Thursday a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.

NEW YORK — Barnes & Noble reported on Thursday a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.

The company posted a loss of $6.1 million quarter through Jan. 26, compared to a profit of $52 million in the year-ago period. The retailer blamed the loss partially on charges stemming from weaker-than-expected sales of Nook e-readers during the holiday shopping season.

Revenue fell 9% to $2.22 billion. Analysts had predicted sales of $2.4 billion.

February 21, 2012

The growing popularity of its Nook devices once again helped drive up sales at Barnes & Noble.

NEW YORK — The growing popularity of its Nook devices once again helped drive up sales at Barnes & Noble. The company reported that total sales for the third quarter increased 5% to $2.4 billion from $2.3 billion for the same period last year. Barnes & Noble store sales increased 2% from $1.46 billion to $1.49 billion. Comparable-store sales increased 2.8%, on top of a 7.3% increase a year ago.  Retail core comparable-store sales, which exclude sales of devices, accessories and warranties, increased 4.2% over last year.