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Earnings Up On Small Sales Decline At Books-a-MillionPosted at 7:29AM Friday 12 Mar 2010 Despite a 1.3% decline in sales for the year ended January 30, net income at Books-A-Million rose 30.1% to $13.8 million, the nation's third largest bookstore chain reported Thursday afternoon. Sales fell to $508. 7 million from $515.3 million. The retailer attributed the earnings improvement to "financial discipline." Comparable store sales fell 3.8% for the year. In the fourth quarter, same store sales were off 6.0% and total sales fell 4.6%, to $157.2 million. Profit in the period rose to $11.9 million from $11.2 million.
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