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Barnes & Noble Inc (BKS.N)

BKS.N on New York Stock Exchange

6.25USD
18 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Barnes & Noble Says ‍Total Sales For Holiday Period Were $953 Mln
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE INC - ‍TOTAL SALES FOR HOLIDAY PERIOD WERE $953 MILLION, DECLINING 6.4% AS COMPARED TO PRIOR YEAR​.BARNES & NOBLE INC - COMPARABLE STORE SALES ALSO DECLINED 6.4% FOR HOLIDAY PERIOD, WHILE ONLINE SALES DECLINED 4.5%.BARNES & NOBLE INC - ‍SALES TRENDS "SOFTENED" IN DECEMBER, PRIMARILY DUE TO LOWER TRAFFIC​.BARNES & NOBLE - EXPECTS COMPARABLE STORE SALES TO DECLINE IN MID-SINGLE DIGITS FOR FISCAL 2018, EXCLUDING ITEMS.BARNES & NOBLE - EXPECTS CONSOLIDATED EBITDA TO BE IN A RANGE OF $140 MILLION TO $160 MILLION FOR FISCAL 2018, EXCLUDING ITEMS.BARNES & NOBLE INC - "REMAINS FOCUSED ON EXECUTING ITS STRATEGIC TURNAROUND PLAN".  Full Article

Barnes & Noble Reports 2018 Q2 Loss Per Share $0.41
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE REPORTS FISCAL 2018 SECOND QUARTER FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $-0.26 -- THOMSON REUTERS I/B/E/S.Q2 SALES FELL 7.9 PERCENT TO $791.1 MILLION.QTRLY RETAIL SALES $769.7 MILLION VERSUS $830.7 MILLION.FOR FISCAL 2018, EXPECTS COMPARABLE SALES TO DECLINE IN LOW SINGLE DIGITS​.COMPANY EXPECTS COMPARABLE STORE SALES TO BE APPROXIMATELY FLAT FOR BALANCE OF FISCAL YEAR​.ADDITIONALLY, COMPANY PLANS TO REDUCE COSTS BY $40 MILLION FOR FULL FISCAL YEAR​.QTRLY ‍COMPARABLE STORE SALES DECREASED 6.3%​.FOR FISCAL 2018, EXPECTS FULL YEAR CONSOLIDATED EBITDA TO BE APPROXIMATELY $180 MILLION.  Full Article

Barnes & Noble Reports Fiscal 2018 Second Quarter Financial Results
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Barnes & Noble Inc ::BARNES & NOBLE REPORTS FISCAL 2018 SECOND QUARTER FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $-0.26 -- THOMSON REUTERS I/B/E/S.Q2 SALES FELL 7.9 PERCENT TO $791.1 MILLION.- QTRLY RETAIL SALES $769.7 MILLION VERSUS $830.7 MILLION.- ‍ FOR FISCAL 2018, EXPECTS COMPARABLE SALES TO DECLINE IN LOW SINGLE DIGITS​.- ‍COMPANY EXPECTS COMPARABLE STORE SALES TO BE APPROXIMATELY FLAT FOR BALANCE OF FISCAL YEAR​.- ‍ ADDITIONALLY, COMPANY PLANS TO REDUCE COSTS BY $40 MILLION FOR FULL FISCAL YEAR​.QTRLY ‍COMPARABLE STORE SALES DECREASED 6.3%​.- FOR FISCAL 2018, EXPECTS FULL YEAR CONSOLIDATED EBITDA TO BE APPROXIMATELY $180 MILLION.  Full Article

Activist investor Sandell Asset Management wants Barnes & Noble to try again to sell itself- WSJ, citing sources
Tuesday, 25 Jul 2017 

July 24 (Reuters) - :Activist investor Sandell Asset Management recently started buying stake in Barnes & Noble, already among its 10 biggest investors- WSJ, citing sources.Activist investor Sandell Asset Management wants Barnes & Noble Inc to try again to sell itself- WSJ, citing sources.  Full Article

Barnes & Noble Inc - co, units entered into a first amendment to credit agreement
Thursday, 6 Oct 2016 

Barnes & Noble Inc : On September 30, 2016 co, units entered into a first amendment to credit agreement, dated as of August 3, 2015 - SEC filing . Amendment provides borrowers with a new "first-in, last-out" revolving credit facility of up to $50.0 million - SEC filing . Following first amendment, co maintains ability to request upto $250 million in commitment increases from lenders under credit agreement .Amendment allows company to declare and pay up to $70.0 million in dividends annually without compliance with ratio-based limitations.  Full Article

Barnes & Noble CEO Boire steps down, board determines CEO "not a good fit" for organization
Tuesday, 16 Aug 2016 

Barnes & Noble Inc : Barnes & Noble announces CEO departure . Barnes & Noble announces CEO departure . Will continue to execute on its previously announced strategic initiatives . Departure of its Chief Executive Officer, Ronald D. Boire. . Says will immediately begin an executive search for a new CEO . Executive Chairman, Leonard Riggio will postpone his retirement until a later date .Board determined that "Boire was not a good fit for organization", it was in "best interests" of all parties for him to leave co.  Full Article

MOVES-Cravath M&A litigator Goldstein leaves for Kirkland & Ellis -sources

April 13 Sandra Goldstein, one of law firm Cravath, Swaine & Moore LLP's most senior mergers and acquisitions litigation partners, has resigned to join rival law firm Kirkland & Ellis LLP, people familiar with the matter said on Friday.