Barnes & Noble Reports Q3 EPS of $1.00 vs. $1.13

Barnes & Noble, Inc. BKS today reported financial results for its fiscal 2011 third quarter ended January 29, 2011. Total sales for the third quarter were $2.3 billion, a 7% increase compared to the prior year period. Barnes & Noble.com comparable sales increased 64% as compared to a year ago. For the third quarter, the company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $170.1 million, in-line with guidance of $160 million to $190 million. Consolidated third quarter earnings were $60.6 million, or $1.00 per share, also in-line with previously issued guidance of $0.90 to $1.20 per share.