B&N Just Reported its Umpteenth Year of Declining Revenues

Published: 22/06/2017
B&N Just Reported its Umpteenth Year of Declining Revenues
Source: THE-DIGITAL-READER.COM

Barnes & Noble released their fiscal 2017 earnings report today, and the news was as bad as you would expect. Revenues decreased 6.3% for the quarter and 6.5% for the fiscal year, to $821 million and $3.9 billion, respectively. That figure includes the $146 million Nook revenues (down 23% from $192 million in the previous fiscal year). The one bright spot were online sales, which grew 3.7% for

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