For the full year, the company met their guidance on EBITDA, which was considered critical, and generated increased actual operating income, of $54.3 million. (Retail earned $90.7 million and Nook lost $36.4 million.) Consolidated EBITDA was $172.2 million, up from $150.5 million a year ago. Retail EBITDA actually fell, down $25.6 million on the lower sales, but the Nook losses got better as well.
Full year sales were $3.895 billion, down form $4.164 billion a year ago, dropping $269 million, or 6.5 percent. Same-store sales were down 6.3 percent for the full year, though online sales rose 3.7 percent during the year, up $10.8 million, thanks to ebook settlement credits as well as "site improvements and increased promotional activity."