Barnes & Noble Education Stock Slips Following Q1 Results

Barnes & Noble Education, Inc. (NYSE:BNED) reported its first-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report. 

The Details: Barnes & Noble Education reported quarterly sales of $263.4 million, which missed the analyst consensus estimate of $268.321 million by 1.83% and is a 0.29% from the same period last year. The company said it is a highly seasonal business, and the first quarter is historically a period of low sales activity for the company.

The decrease in quarterly revenue was primarily driven by ...