Company Profile For Barnes & Noble, Inc.

Barnes & Noble, Inc. is a bookseller. Its principal business is the sale of trade books (generally hardcover and paperback consumer titles, excluding educational textbooks and specialized religious titles), mass-market paperbacks (such as mystery, romance, science fiction and other fiction), children's books, bargain books, magazines, gift, cafe products and services, music and movies direct to customers. As of January 31, 2009, the Company operated 778 bookstores and a Website. Of the 778 bookstores, 726 operate under the Barnes & Noble Booksellers trade name and 52 operate primarily under the B. Dalton Bookseller trade name. As of January 31, 2009, the Company owned an approximate 74% interest in Calendar Club. The Company subsequently sold its interest in Calendar Club in February 2009. In March 2009, the Company acquired Fictionwise. In September 2009, the Company acquired Barnes & Noble College Booksellers, Inc. and its trade name that was earlier licensed to the Company.

BRIEF: For the twenty six weeks ended 1 August 2009, Barnes & Noble, Inc.'s revenues decreased 5% to $2.26B. Net income from Continuing operations decreased 37% to $10.2M. Revenues reflects a decreased sales at Barnes & Noble stores and a decrease in comparable store sales. Net Income also reflects a decrease in gross profit, an increase in depreciation & amortization charges and an increase in interest expense, net.