Barnes & Noble Reports Comparable Store Sales for August.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 4, 2003 Barnes & Noble, Inc. (NYSE NYSE See: New York Stock Exchange :BKS BKS Barracks BKS Best Kept Secret (gaming) BKS Bildung, Kultur Und Sport (German) BKS Brookside (city) BKS Bergen Kirurgiske Sykehus (Bergen, Norway) ), the world's largest bookseller, today reported that comparable store sales for August 2003 increased 2.7%. New titles on the company's bestseller lists include "Lies: And the Lying Liars Who Tell Them...A Fair and Balanced "Fair and Balanced" is a trademarked slogan used by American news broadcaster Fox News Channel. The slogan was originally used in conjunction with the phrase "Real Journalism. Look at the Right" by Al Franken Content may change as the election approaches. , "It's Not About the Bike: My Journey Back to Life" by Lance Armstrong Lance Armstrong (born Lance Edward Gunderson on September 18, 1971) is a retired American professional road racing cyclist. He won the Tour de France—cycling's most prestigious race—seven consecutive times, from 1999 to 2005. with Sally Jenkins, "The Teeth of the Tiger" by Tom Clancy, and "Street Dreams" by Faye Kellerman. Additionally, the company reported that low-carb books continue to dominate the diet and health category with "The South Beach Diet" by Arthur Agatston leading the way. Comparable store sales at B. Dalton Bookseller, which comprises approximately 5.0% of total bookstore sales, decreased (3.2)% in August. ABOUT BARNES & NOBLE, INC. Barnes & Noble, Inc. (NYSE:BKS) is the world's largest bookseller, operating 634 Barnes & Noble stores in 49 states. It also operates 234 B. Dalton Bookseller stores, primarily in regional shopping malls. The company offers titles from more than 50,000 publisher imprints, including thousands of small, independent publishers and university presses. It conducts its e-commerce business through Barnes & Noble.com (Nasdaq:BNBN) (http://www.bn.com). Barnes & Noble also has approximately a 63% interest in GameStop (NYSE:GME GME granulomatous meningoencephalitis. GME Graduate medical education, see there ), the nation's largest video game and entertainment software specialty retailer with 1,393 stores. General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate Web site: http://www.barnesandnobleinc.com/financials. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This press release contains "forward-looking statements." Barnes & Noble is including this statement for the express purpose of availing itself of the protections of the safe harbor provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 with respect to all such forward-looking statements. These forward-looking statements are based on currently available information and represent the beliefs of the management of the company. These statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks include, but are not limited to, general economic and market conditions, decreased consumer demand for the company's products, possible disruptions in the company's computer or telephone systems, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible disruptions or delays in the opening of new stores or the inability to obtain suitable sites for new stores, higher than anticipated store closing or relocation costs, higher interest rates, the performance of the company's online and other initiatives, the successful integration of acquired businesses, unanticipated increases in merchandise or occupancy costs, unanticipated adverse litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. results or effects, product shortages, and other factors which may be outside of the company's control. Please refer to the company's annual, quarterly and periodic reports on file with the SEC for a more detailed discussion of these and other risks that could cause results to differ materially. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion