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Bookstore chain Barnes & Noble's profit rises 14 percent


    (Reuters) - Barnes & Noble Inc , the largest U.S. bookstore chain, reported a 14 percent rise in quarterly profit, helped by cost cutting in its Nook digital business.

    The company said on Tuesday net income rose to $72.2 million, or 93 cents per share, in the third quarter ended Jan. 31, from $63.2 million, or 86 cents per share, a year earlier.

    Revenue declined to $1.96 billion from $2.0 billion.

    (Reporting by Yashaswini Swamynathan and Ramkumar Iyer in Bengaluru; Editing by Joyjeet Das)