3 ms·
That is all pretty much completely incorrect - I think you must be misreading a 1.6b expense line as a loss? FY 2014 for BKS was pretty much even. https://www.
by hullo 12y ago
That is all pretty much completely incorrect - I think you must be misreading a 1.6b expense line as a loss? FY 2014 for BKS was pretty much even.
https://www.google.com/finance?q=NYSE%3ABKS&fstype=ii&ei=Kz_RVIHoB8eZ8wa6nIDgBA https://www.google.com/finance?q=NYSE%3ABKS&fstype=ii&ei=Kz_...
You'll also see the 2.6b you're calling liabilities is maybe accumulated depreciation? Actual FY2014 debt is 127.5M. Barnes & Noble is relatively debt-free for a large retailer.
https://www.google.com/finance?q=NYSE%3ABKS&fstype=ii&ei=Kz_RVIHoB8eZ8wa6nIDgBA https://www.google.com/finance?q=NYSE%3ABKS&fstype=ii&ei=Kz_...
- skuhn 12y agoYou're correct, I miscalculated their annual loss (but not from their expense line). The assets and liabilities are literally from these lines on their balance sheet: Total Assets 3,835.75 Total Liabilities 2,627.98 Per: http://www.bloomberg.com/research/stocks/earnings/earnings.asp?ticker=BKS http://www.bloomberg.com/research/stocks/earnings/earnings.a... "2014 revenues at Barnes & Noble, Inc. totaled $6.4B USD, while annual losses equaled $1.12 per share." B&N has 60.24M shares outstanding. That makes their annual loss $67 million. They do indeed have a longer runway than I anticipated, but I still feel that they run a business in decline. Their saving grace from a few years ago (Nook) is now an albatross. What is their next move?