Barnes & Noble Education Profit Falls 9.6%, Sales Outlook Cut

Barnes & Noble Education Inc. said its earnings fell 9.6% since bookseller Barnes & Noble Inc. spun off the college business in August.

Shares fell 15% to $10.87 in early trading as the company cut its sales and capital-spending guidance for the current fiscal year that ends in April.

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EdCircuit Staff

edCircuit is a mission-based organization entirely focused on the K-20 EdTech Industry and emPowering the voices that can provide guidance and expertise in facilitating the appropriate usage of digital technology in education. Our goal is to elevate the voices of today’s innovative thought leaders and edtech experts. Subscribe to receive notifications in your inbox

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