Shares of Barnes & Noble Education, Inc. were down 3.2% in premarket trade Wednesday after the company missed first-quarter earnings expectations. It reported a net loss of $34.8 million, or a loss per share of 75 cents, wider than a loss of $27.9 million, or a loss per share of 60 cents in the year-earlier period. The FactSet consensus was for a loss per share of 55 cents. Sales were $355.7 million, up from $239.2 million in the year-earlier period and below the FactSet consensus of $393 million. Shares of Barnes & Noble Education have fallen 28% in the past three months, while the S&P 500 has gained 1.4%.
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