Barnes and Noble 1999 Annual Report Download - page 11

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1999 ANNUAL REPORT
10
Babbage’s Etc. Executive Officers From left: David Carlson, Vice President
& Chief Financial Officer; R. Richard Fontaine, Chief Executive Officer;
Daniel DeMatteo, President & Chief Operating Officer.
Real Estate
From left: Mitchell Klipper, President, Barnes & Noble Development;
David Deason, Vice President, Barnes & Noble Development.
1999 ANNUAL REPORT
10 Barnes & Noble store in Columbus, Ohio.
In 1999, Babbage’s Etc. grew comparable store sales 12.5 percent
and generated a profit margin of 6.9 percent in the fourth quarter.
In the fourth quarter alone, Babbage’s Etc. added an incremental
$0.10 to Barnes & Noble’s earnings per share.