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Barnes & Noble sales fall on lower demand for Nook products

[September 09, 2014] (Reuters) - Barnes & Noble Inc said quarterly revenue fell 7 percent, hurt by lower sales of Nook products and weak performance at its online stores.

The company's net loss narrowed to $28.4 million, or 56 cents per share, in the first quarter ended Aug. 2, from $87 million, or $1.56 per share, a year earlier.

Revenue fell to $1.23 billion from $1.33 billion.

Comparable-store sales fell 5.1 percent.

(Reporting by Ramkumar Iyer in Bangalore; Editing by Maju Samuel)

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