Barnes& Noble Reports Improved 2003 Same-Store Sales Gains

February 2004
Book Publishing Report;2/23/2004, Vol. 29 Issue 7, p3
Trade Publication
Barnes & Noble Inc.'s (B&N) comparable store sales increased by 3.2% in 2003, helping the book retailer generate solid revenue gains. The New York-based retailer's comparable store sales increased 6.4% in the fourth quarter, as holiday book sales exceeded company expectations. "Our comparable sales numbers are much stronger than the competition," said Joseph Lombardi, chief financial officer at B&N. "We have substantially increased our ability to sell our published products and we had some changes to our floor layout in terms of displays and a new signage program."


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