Retail Industry
Industry: Email Alert RSS FeedBorders books better quarter. (Vidbits).(Borders Group; Borders Books and Music )(Brief Article)
Video Business, November, 2002 by Dunphy, Laura
Borders Group, the parent company of the Borders Books and Music chain, said. fast-growing DVD sales helped the retailer ratchet up revenue 5% to $749.8 million in the third quarter. Net loss for the period ended Oct. 27 was $1.8 million, compared to $3.1 million in the prior year. Net income at the company's Superstores for the third quarter jumped 54% to $6.3 million.
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