Barnes & Noble Inc
Industry: Retail (Specialty)

Barnes & Noble, Inc. (NYSE: BKS) is the world's largest bookseller, operating 606 Barnes & Noble bookstores in 49 states. It also operates 286 B. Dalton Bookseller stores, primarily in regional shopping malls. The company offers titles from more than 50,000 publisher imprints, including thousands of small, independent publishers and university presses. It conducts its e-commerce business through Barnes & Noble.com (http://www.bn.com) in which it owns a 36% interest.

Business Summary
Barnes & Noble, Inc. (Barnes & Noble) is a national bookseller, which is principally engaged in the retail sale of trade books (generally hardcover and paperback consumer titles, excluding educational textbooks and specialized religious titles), mass-market paperbacks (such as mystery, romance, science fiction and other fiction), children's books, bargain books, magazines and music. The Company operated 820 bookstores as of January 29, 2005. Of the 820 bookstores, 666 operated primarily under the Barnes & Noble Booksellers trade name and 154 operated primarily under the B. Dalton Bookseller trade name. Barnes & Noble conducts the online part of its business through barnesandnoble.com llc (Barnes & Noble.com), a seller of books on the Internet. Through Sterling Publishing Co., Inc., the Company is a publisher of how-to books. The Company owns a 74% interest in Calendar Club L.L.C., an operator of seasonal kiosks.

Financial Summary
Barnes & Noble, Inc. is a retailer that operated 886 bookstores and 1,231 video games and entertainment software stores as of 2/1/03. The Company also sells books and software over the Internet. For the 26 weeks ended 7/31/05, revenues rose 5% to $2.27B. Net income from continued operations totaled $23.3M, up from $11.1M. Results reflect increased sales at Barnes & Noble stores and the absence of debt redemption charge.