Part 3/5:
Despite the recent uptick in stock price, Gross underscores the challenges ahead. The company is grappling with a decline in online sales, a particularly concerning issue in an era dominated by major competitors like Amazon. Nonetheless, Gross points to the positivity in Barnes and Noble's financials, indicating that the organization generated $100 million in EBITDA and cash flow in the last fiscal year. When applying a multiplier of 5 to 7 times that EBITDA, there appears to be potential for making a profit from a purchase at its current market cap.