** Shares of college bookstore operator Barnes & Noble Education BNED.N rise as much as 19.8% to $12.58
** Co posts Q2 net income of $49.7 mln, double of $24.9 mln in the prior year, on improved operating income, lower interest expense, and reduced restructuring charges
** Gross comparable store sales increased by 3.8% YOY
** Co's total cost of sales declined 2% and selling and administrative expenses fell 15.1% in the quarter
** However, Q2 total sales fell 1.4%, driven by a net decrease of 109 physical and virtual locations
** Co on Friday had named Jason Snagusky as CFO, replacing Kevin Watson effective from Jan. 4
** Stock has fallen 92.2% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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