Nov 24 · 12:09:00 PM · Source: Company News Release

Bookseller Borders Group Inc said Tuesday that it had a fiscal second quarter loss from continuing operations of $39 million, or 65 cents per share, basically unchanged from $39 million, or 64 cents per share, a year earlier. Sales fell 12.7 percent to $595.5 million from $682.1 million a year earlier.
The loss was larger than expected as online book sales continue to eat into the company's business.

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by Larry Etter