- The Washington Times - Thursday, March 2, 2017

This is surely not the kind of news Barnes & Noble hoped to break on World Book Day.

The national bookstore chain is suffering a rocky day on Wall Street after releasing a fourth-quarter report showing same-store sales in that time period fell 8.3 percent over the same time in 2015 — the biggest holiday-quarter decline since 2005, Bloomberg News reported.

What’s more, while January was relatively strong, things have cooled off since then for the company.

Bloomberg, citing company projections, reported that same-store sales for the full year will drop 7 percent. 

At time of this publication, company stock had tumbled from an open of $9.55 to a little under $9.05, a drop of more than eight percent.

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