Books-A-Million's Third Quarter: Comp Sales Up 2.1%

Sales at Books-A-Million in the third quarter ended November 3 rose 6.3% to $117.7 million and the company's net loss grew to $555,000, compared to a net loss of $201,000 in the same period in 2006. Sales at stores open at least a year rose 2.1%.

In a prepared statement, BAM president and CEO Sandra B. Cochran commented: "We were very pleased with our sales results for the quarter; however, operating costs for the period, driven primarily by an increase in health care expense, exceeded our plan. Looking forward, our fourth quarter bestseller lineup is solid, and we are focused on executing our merchandising and marketing plans for the holiday season."

 

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