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First quarter loss News

Barnes & Noble posts a $2.7 million first quarter loss

Barnes & Noble lost $2.7 million, or 5 cents per share, for the quarter ended May 2. That compares to a loss of $2.2 million, or 4 cents per share, one year ago.

Largest U.S. Book Retailer posts $2.7 million 1Q loss

The largest bookstore in the U.S. has posted a $2.7 million first quarter loss.Though it has surpassed market expectations, the recession and fierce competition from rivals like Amazon has taken its toll on the company.

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