NEW YORK (CNNfn) - Barnes & Noble Inc. warned Tuesday that sluggish sales over the holidays would force it to miss Wall Street earnings forecasts in its book and video game operations, sending the stock of the nation's biggest bookseller tumbling.
New York-based Barnes & Noble (BKS: Research, Estimates) said it expects fourth-quarter earnings of $1.30 a share in its books business versus Wall Street forecasts of $1.46. It said it expects its video game segment to earn 6 cents a share, sharply lower than market expectations of 33 cents.
Its dot.com unit, barnesandnoble.com, is currently expected to lose 12 cents a share. The company did not provide any fresh forecast for that segment of its business.
Barnes & Noble stock plunged $2.25, or more than 9 percent, to $22.62 after being halted on the New York Stock Exchange in the wake of its announcement.
Kommentar:
Die Onliner im e-bizz werden über kurz oder lang tutti verschwunden sein. B2B mag sich noch am längsten halten.
d.
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