Fourth Quarter Highlights: Total net revenues increased a record 61.1 percent to $418.0 million, compared with $259.4 million in the prior year period Net Income was $9.8 million, or $0.15 per diluted share. Adjusted Net Income1 was $15.1 million, or $0.23 per diluted share, compared with a net loss of $8.3 million, or ($0.13) per share, in the prior year period. Full Year Highlights: Total net revenues increased 19.3 percent to $1.49 billion, compared with $1.25 billion in the prior year, reflecting strong growth across all three of the Company’s business segments. Net Income was $59.0 million, or $0.89 per diluted share. Adjusted Net Income1 increased 86.9 percent to $65.0 million, or $0.98 per diluted share, compared with $34.8 million, or $0.52 per diluted share, in the prior year.

Adobe released online shopping data for the 2023 holiday season, covering the period from Nov. 1 through Dec. 31, 2023. Based on Adobe Analytics data, the report provides the most comprehensive view into U.S. e-commerce by analyzing commerce transactions online, covering over one trillion visits to U.S. retail sites, 100 million SKUs and 18 product categories. Adobe Analytics is part of Adobe Experience Cloud, relied upon by over 85% of the top 100 internet retailers in the U.S.* to deliver, measure and personalize shopping experiences online. Consumers spent $222.1 billion online from Nov. 1 to Dec. 31, up 4.9% year-over-year (YoY) and setting a new record for e-commerce. A total of $123.5 billion was spent online in the month of November (up 6% YoY), bolstered by a strong Cyber Week—the five days between Thanksgiving and Cyber Monday—which drove $38 billion in spend online (up 7.8% YoY). In December, consumers spent a total of $98.6 billion online (up 3.7% YoY), driven in part by discounts that lingered past Cyber Monday.

Barnes & Noble, Inc. announced the return of its Black Friday Signed Editions program, a customer favorite, with over a half-million autographed books by more than 150 highly acclaimed authors. The largest promotion of its kind kicks off on Black Friday, November 24, at Barnes & Noble stores nationwide, while supplies last. The autographed books span many genres and interests, and were signed by authors for Barnes & Noble customers. For more information, customers should visit www.BN.com/SignedEditions or contact their local Barnes & Noble. “Barnes & Noble is thrilled to announce its largest collection ever of Black Friday Signed Editions, a true holiday favorite with customers,” said Liz Harwell, Senior Director of Merchandising, Trade Books at Barnes & Noble. “Now in its fourth year, this combined effort between over 150 bestselling authors, our publishing partners, and Barnes & Noble booksellers continues to give readers across the country an opportunity to discover a special copy of a book by their favorite author, or to find that perfect holiday gift for a loved one.” Click Read More below for additional information.