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Summary Of Barnes & Noble Company

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When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from $6.07B to $4.16B and how operating and non-operating activities have impacted the BKS stock. The Barnes & Noble profit and loss statement for 2016 shows a profit of $-24.44M. Profits have reduced from $36.59M YoY. Barnes & Noble revenue for 2016 is $4.16B as described in Appendix B). As a result of the College business spin-off, the Company expects to incur separation related expenses of approximately $21 million in early 2017 during the second quarter, which include net severance charges and investment banking fees. The Company remains focused on executing its previously announced strategic initiatives to increase

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