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Barnes & Noble Slumps: BKS Falls 10.1% in Session - Tale of the Tape

Barnes & Noble, Inc. ( BKS ) saw a big move last session, as the company's shares fell over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for BKS, as the stock is down nearly 14% since Feb 26.

On Mar 10, the company reported disappointing third-quarter fiscal 2015 results, as consolidated revenues for the quarter declined almost 2% year over year. The company's NOOK segment (which includes digital content, devices and accessories) was the primary drag on revenues, as its sales decreased nearly 51% from the prior-year period.

This Retail company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

BKS currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the Retail industry is Build-A-Bear Workshop Inc. ( BBW ), which currently carries a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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