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BARNES & NOBLE INVESTMENT
ANALYSIS
Week 8 Project Assignment (Final) Jasmine Lionberger
Barnes and Noble, Inc., self-stated as the world’s largest bookseller seems to currently be on a
downhill slope, although they have a market value of 396.7 million dollars. Retail store sales decreased
by 6.3 percent from fiscal 2016, and the store count was reduced by seven. However, they have 633
stores in 50 states and a premier e-commerce site, and management’s analysis of their financial
condition shows they believe they will soon begin to rise again. The 2017 Annual Report indicates
Barnes & Noble, Inc. (BKS) has maintained profit levels with cost reductions, and that there are
opportunities in the stabilizing industry.
Barnes and Noble, Inc.’s common stock as of June 30, 2017 was at 72,512,722 shares held by
1,676 shareholders. In July 2015 they reached a high of 19.0, after separating from Barnes & Noble
Education in February of 2015. This is also when they began converting preferred stock to common
stock. By January 2016, BKS hit a low of 8.0 and is currently at 5.4, which is -33.6% of its original value.
