Barnes and Noble 2001 Annual Report Download - page 12

Download and view the complete annual report

Please find page 12 of the 2001 Barnes and Noble annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 52

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52

R E S U LTS OF OPERATIONS
The Company’s sales, operating profit, comparable store sales, store openings, store closings, number of stores open
and square feet of selling space at year end are set forth below:
Fiscal Year 2001 2000 1999
(Thousands of dollars)
SALES
Bookstores (1) $3 ,74 8 , 9 9 2 3 , 61 8, 24 0 3 , 2 62, 2 9 5
Video Game & Entertainment Software stores 1,1 2 1, 3 9 8 757,564 223 ,74 8
Total $ 4,870,390 4,375,804 3 , 4 8 6 , 0 4 3
OPERATING PROFIT
Bookstores (1)(2) $2 1 1 ,7 0 0 1 2 7, 8 1 2 2 1 6, 678
Video Game & Entertainment Software stores 3 4 , 0 8 7 6 , 0 1 4 15,432
Total $ 24 5 ,7 8 7 1 3 3 , 8 2 6 23 2, 1 1 0
COMPARABLE STORE SALES INCREASE (DECREASE) (3)
Barnes & Noble stores 2 .7 % 4.9 % 6 .1 %
B. Dalton stores ( 3 .7 ) (1 .7 ) 0 .1
GameStop stores 32.0 ( 6 . 7) 12.5
STORES OPENED
Barnes & Noble stores 40 32 38
B. Dalton stores 1 -- --
GameStop stores 74 65 --
Total 115 97 38
STORES CLOSED
Barnes & Noble stores 18 5 16
B. Dalton stores 35 61 89
GameStop stores 14 17 --
Total 67 83 105
NUMBER OF STORES OPEN AT YEAR END
Barnes & Noble stores 591 569 542
B. Dalton stores 305 339 400
GameStop stores (4) 1,038 978 526
Total 1,934 1,886 1,468
SQUARE FEET OF SELLING SPACE AT YEAR END (IN MILLIONS)
Barnes & Noble stores 14.2 13.4 1 2 .7
B. Dalton stores 1.2 1.4 1.6
GameStop stores 1.6 1.5 0.8
Total 17.0 16.3 15 .1
M A N A G E M E N T ’ S D I S C U S S I O N A N D A N A L Y S I S O F
F I N A N C I A L C O N D I T I O N A N D R E S U L T S O F O P E R A T I O N S c o n t i n u e d
12