Barnes & Noble Plunges After Worst Holiday Quarter in Decade

by Lauren Coleman-Lochner at Bloomberg Barnes & Noble Inc. investors were bracing for weak results over the holidays. What they got was worse. The bookstore chain posted profit of 96 cents last quarter, well below the $1.13 analysts estimated. And same-store sales — a closely watched benchmark — plunged 8.3 percent. That was the biggest… Read More Barnes & Noble Plunges After Worst Holiday Quarter in Decade