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Barnes & Noble sales weak on Nook returns

yahoo.com (11 months and 1 day ago)

Jun 19, 2012

(Reuters) - Barnes & Noble Inc reported lower-than-expected quarterly revenue, hurt by disappointing sales of its Nook digital books and e-readers, and the top U.S. bookstore chain expects sales at its stores to fall this fiscal year. The bookseller's sales in the fourth-quarter were hurt by returns of the device from retailers as well as price cuts put in place in February on some versions of the device to compete with Amazon.com's Kindle... full story

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