Barnes & Noble Reports 2011 Second Quarter EPS of $(0.22)

Barnes & Noble, Inc. BKS today reported sales and earnings for its fiscal 2011 second quarter ended October 30, 2010. Total sales for the second quarter were $1.9 billion, including sales of Barnes & Noble College Booksellers of $798 million. Excluding College, total sales increased 1% over the prior year period. For the second quarter, the company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $46 million. The consolidated second quarter net loss was $12.6 million, or $0.22 per share, in-line with previously issued guidance of earnings of $0.05 per share to a loss of $0.25 per share.