Barnes & Noble Sees Q3 EPS of $0.90 to $1.20

Barnes & Noble BKS comparable store sales are expected to increase between 5% and 7% for the third quarter, and to be in a range of flat to 3% for the full year. Barnes & Noble.com's comparable sales are expected to increase by approximately 75% for both the third quarter and the full year. By fiscal year end, the company expects that digital content sales will achieve a $400 million full-year run-rate. The company expects to achieve EBITDA of approximately $160 to $190 million and $170 million to $205 million, for the third quarter and the full year, respectively. Third quarter earnings per share are expected to be in a range of $0.90 to $1.20. Full-year fiscal 2011 losses per share are expected to be in a range of $0.75 to $1.15.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGuidanceConsumer DiscretionarySpecialty Stores
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!