Borders Group Inc
The second-largest U.S. brick-and-mortar bookseller behind rival Barnes & Noble Inc
Excluding one-time items, the loss was 21 cents a share. Analysts on average forecast a loss of 16 cents a share, according to Reuters Estimates.
Sales fell 17.7 percent to $616.8 million.
Booksellers have had to contend with a lingering slump in the book industry as consumers have headed online -- especially to Amazon.com Inc
(Reporting by Brad Dorfman and Alexandria Sage; Editing by Derek Caney)