Wednesday, August 17, 2005
Potter getting credit for Books-A-Million's good numbers
Books-A-$1.7 Million [Fool.com: Motley Fool Take] August 17, 2005: "Even so, it bears pointing out that Harry Potter and the Half-Blood Prince went on sale in July (near the end of Q2), so it didn't affect Q1 at all. Yet Books was doing pretty well this year even before Potter turbocharged the company's sales. In fact, through the first half of this year, Books' sales were up nearly as well as in Q2 alone -- posting a better-than-6% improvement over the first half of fiscal 2004. Likewise, profits increased a most respectable 24% over the numbers Books posted in 1H 2004."