May 16 BAMM Books-A-Million, Inc. Reports Comparable Store Sales Increase of 6.2%
(BUSINESS WIRE)--March 15, 2000-- Books-A-Million, Inc. (Nasdaq/NM:BAMM) today announced financial results for the fourth quarter and fiscal year ended January 29, 2000. Net sales for the fourth quarter of fiscal 2000 increased 18.4% to $137.9 million from $116.5 million in the year-earlier period. Comparable store sales for the quarter increased 9.8%. Earnings before interest, taxes and depreciation for the fourth quarter increased 3.9% to $15.1 million from $14.5 million in the year-earlier period. Net income for the final three months of fiscal 2000 was $6.5 million, or $0.36 per diluted share, compared with $6.5 million, or $0.36 per diluted share, in the year-earlier period.
Books-A-Million is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The company presently operates 180 stores in 17 states. The Company operates four distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., traditional bookstores and combination book and greeting card stores, both operating under the name Bookland, and Joe Muggs Newsstands. The Company's wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama. NetCentral, Inc., an Internet development and service company is located in Nashville, Tennessee. For more information, visit the Company's website at www.booksamillioninc.com.
Market Capitalization $132.7M
Shares Outstanding 18.0M
Float 11.9M
