Earns-BarnesNoble 11-20

Barnes & Noble swings to 3Q loss

NEW YORK — Barnes & Noble says it swung to a loss in its third quarter due to slow traffic and sales at older stores.

The New York-based bookseller reported a loss today of $18.4 million, or 34 cents per share. That compares with a profit of $4.4 million, or 7 cents per share, a year earlier.

The company’s loss was 21 cents per share excluding a charge.

Thomson Reuters says analysts expected a loss of 16 cents per share.

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