Barnes & Noble Loss Narrows, But Misses Estimates

NEW YORK -- Bookseller Barnes & Noble Inc. said Tuesday that its fiscal second-quarter loss narrowed to $12.59 million, or 22 cents a share, compared to a loss of $23.96 million, or 43 cents a share, in the year-ago period. Sales rose 64% to $1.9 billion. Analysts polled by FactSet Research had expected, on average, a loss of 7 cents a share on sales of $1.98 billion. New York-based Barnes & Noble also said it expects its comparable sales for the fiscal third quarter and full year to rise 75%, and forecast digital content sales of $400 million full-year