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Barnes & Noble, Inc. (NYSE:BKS)
Barnes & Noble, Inc., the world's largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States. Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web's largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.
Barnes & Noble, Inc. today reported sales and earnings for its fiscal 2012 first quarter ended July 30, 2011. BKS total sales for the first quarter were $1.4 billion, a 2% increase compared to the prior year. Sales through BN.com increased 37% as compared to the prior year to $198 million, with comparable sales increasing 65%.
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