September 14, 2010, 12:18 PM

Online sales fall for Books-A-Million

Sales dropped across the board, including online for Books-A-Million Inc. in Q2.

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Sales dropped across the board, including online for Books-A-Million Inc. in the second quarter.

For the second quarter ended July 31, Books-A-Million, No. 350 in the Internet Retailer Top 500 Guide, reported:

  • Web sales declined year over year 3.8% to $5.1 million from $5.3 million in the second quarter of 2009.
  • Total sales decreased year over year 2% to $120 million from $122.4 million.
  • Comparable-store sales declined 2.5%.
  • Net income grew 26.7% to $1.9 million from $1.5 million in the second quarter of 2009.

“We are pleased with our earnings despite the tough comparisons to last year in the core book business during the quarter,” says CEO Clyde Anderson. “The success last year of the Twilight series and titles from Glenn Beck and Mark Levin proved difficult to match with this year’s lineup.”

Internet Retailer calculates the web accounted for 4.3% of total sales, the same as in the prior year.

For the first two quarters:

  • Web sales declined year over year 1.8% to $10.7 million from $10.9 million in the first two quarters of 2009.
  • Total sales decreased year over year 1.5% to $237 million from $240.6 million.
  • Comparable-store sales declined 3.4%.
  • Net income grew 8.3% to $3.9 million from $3.6 million in the first two quarters of 2009.

Internet Retailer calculates the web accounted for 4.5% of total sales, the same as in the prior year.

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