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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.
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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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