Barnes & Noble had 'tough holiday'

<p>Analysts are predicting &quot;disappointing&quot; Christmas sales for Barnes &amp; Noble ahead of the company&#39;s holiday results, which are due to be posted early on Thursday, according to Forbes.com. </p><p>Stifel Nicolaus analyst David Schick is reported as highlighting Borders Group&#39;s 11.7% sales drop as a sign its bookselling counterpart had struggled.</p><p>He lowered his fourth-quarter estimate from a drop of 8% to 10% as a result. He rates the shares as hold. </p>Other than J K Rowling&#39;s <em>The Tales of Beedle the Bard </em>and Stephanie Meyer&#39;s Twilight books, Schick said he &quot;saw little in the way of holiday must-haves&quot;, Forbes said. <p>However, Schick said Barnes &amp; Noble remained &quot;the premier bookstore company, especially given uncertainty at Borders Group&quot;.</p>