will the retail stores continue to see margin improvement???
BKS's retail stores have performed quite the past 2 quarters. hopefully this continues when they report. The NOOK seems less important to me than the retail store performance / the incoming monies from MSFT going forward. BKS will benefit massively too if the Internet sales tax gets pushed through Congress which seems quite likely. let's get a spinoff of the NOOK biz and continued improvement at the retail stores and we could have a 20-30% pop in BKS on the 28th.
That's kind of what i'm thinking. I think the NOOK biz is worth more actually (BKS owns like 75% at 1.7b mkt cap), BKS really should spin off the NOOK soon as they guaranteed MSFT and Pearson a $1.7 billion market cap. With the stock market at all time highs (if you back out Citi, AIG, BAC, and GE) it seems like an insanely good time to do the spinoff. Could be why they moved the earnings date out a week.