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Barnes & Noble (BKS) Stock Slips on Q1 Revenue Miss, Outlook

NEW YORK (TheStreet) -- Shares of (BKS) were falling 5.67% to $11.67 in pre-market trading on Thursday after the New York-based company posted mixed results for the 2017 fiscal first quarter.

Revenue for the quarter was down 6.6% year-over-year to $913.9 million and fell short of Wall Street's expectations of $958.68 million.

The bookseller reported an adjusted loss of 7 cents per share in the period which was narrower than analysts' estimates of a loss of 13 cents per share.

Same-store sales slid 6% in the quarter, due...