Shares of Barnes & Noble fell more than 11 percent in premarket trading after the company reported third-quarter earnings Thursday that missed analysts' expectations.
Shares of Barnes & Noble slid more than 11 percent in premarket trading Thursday after the company reported flat sales during the crucial holiday season and warned investors that its full-year earnings will be weaker than previously estimated.
Here's how the company did compared with Wall Street's expectations, based on a survey of analysts by Refinitiv: The bookseller has struggled as consumers go online to buy books or read them on phones or tablets instead. In October, Barnes & Noble named a special committee to review bids to sell the company.
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