Barnes & Noble (BKS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anaxagoras who wrote (1276)	5/20/1999 1:15:00 PM
From: .com	Read Replies (2) of 1691

I sent an E-Mail to briefing.com about the way they reported BKS's numbers. Below is an update they just posted on their site and the E-Mail response I received: 12:59 ET Barnes & Noble (BKS) 33 3/8 +3/8 (+1%): --Update-- Book retailer reported Q1 loss of $0.09 a share, including costs associated with barnesandnoble.com and a non-cash accounting charge. Excluding charge, BKS lost $0.02 a share. Date: Thu, 20 May 1999 09:40:20 -0700 From: Briefing Editorial Staff <Editorial@briefing.com> It is not black and white. The accounting "charge" is for store opening costs as they are incurred. BKS really did lose 9 cents, as that is a legitimate cost. It is an example where Wall Street needs to look at the actuals rather than just rect to "beat" or "miss." Most estimates probably did not include this cost, but it will be included in the future. So, they may be considere to not have missed by as much as first appears, but this is not a charge that can be completely ignored either. Briefing.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next