BARNES & NOBLE, INC. (NYSE:BKS) Files An 8-K Results of Operations and Financial Condition

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BARNES & NOBLE, INC. (NYSE:BKS) Files An 8-K Results of Operations and Financial Condition

Item 2.02.

Results of Operations and Financial
Condition

On June 22, 2017, Barnes Noble, Inc. (the Company) issued a press
release announcing its financial results for the fourth quarter
and full year ended April 29, 2017 (the Press Release). A copy of
the Press Release is attached hereto as Exhibit 99.1.

The information in this Form 8-K and the Exhibit attached hereto
pertaining to the Companys financial results shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, nor shall it be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, except as shall be expressly set forth by specific
reference in such filing.

Use of Non-GAAP Financial Information

To supplement the Companys consolidated financial statements
presented in accordance with generally accepted accounting
principles (GAAP), in the Press Release attached hereto as
Exhibit 99.1, the Company uses the non-GAAP financial measure of
EBITDA (defined by the Company as earnings before interest,
taxes, depreciation and amortization).

The Companys management reviews this non-GAAP measure internally
to evaluate the Companys performance and manage its operations.
The Company believes that the inclusion of EBITDA results provide
investors useful and important information regarding the Companys
operating results. The non-GAAP measure included in the Press
Release attached hereto as Exhibit 99.1 has been reconciled to
the comparable GAAP measure as required under SEC rules regarding
the use of non-GAAP financial measures. The Company urges
investors to carefully review the GAAP financial information
included as part of the Companys Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and quarterly earnings releases.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.

Description of Exhibit
99.1 Press Release of Barnes Noble, Inc., dated June 22, 2017

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BARNES & NOBLE INC Exhibit
EX-99.1 2 a51578704ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Barnes & Noble Reports Fiscal 2017 Year-End Financial Results Company Exceeds Prior Year Operating Profit on Cost Reductions NEW YORK–(BUSINESS WIRE)–June 22,…
To view the full exhibit click here
About BARNES & NOBLE, INC. (NYSE:BKS)

Barnes & Noble, Inc. is a bookseller. The Company is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two segments: Barnes & Noble Retail (B&N Retail) and NOOK. The Company is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com. The Company also offers a textbook rental option to its customers through barnesandnoble.com. The Company offers its customers a suite of textbook options-new, used, digital and rental.