Barnes & Noble Education

Barnes and Noble Education, Inc. engages in the management and operation of bookstore chains in universities. It operates through the following segments: Retail, Wholesale, and Digital Student Solutions (DSS). The Retail segment operates physical and virtual campus bookstores. The Wholesale segment sells hardware and software that provides inventory management and point-of-sale solutions to college bookstores. The DSS segment includes direct-to-student product and service offerings to assist students to study more effectively and improve academic performance. The company was founded by Leonard Riggio in 1965 and is headquartered in Basking Ridge, NJ.

Earnings data Q4 2021

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Earnings data Q1 2025

Earnings data Q2 2025

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BNED reports mixed Q2 performance, sees growth opportunities in FDC

BNED made progress in transforming its business and increasing operating efficiency. While facing financial challenges, the company is confident in its ability to drive growth and profitability through strategic initiatives and partnerships.

BNED reports robust Q3 earnings, eyes growth through strategic initiatives

BNED delivered strong Q3 results with revenue growth, improved margins, and EBITDA expansion.
Challenges in DSS revenue and transitioning to new models require strategic focus and resource allocation.
Opportunities lie in expanding retail sales, engaging institutional partners, and leveraging AI technologies.
BNED's performance reflects resilience and adaptability in navigating market uncertainties and driving growth.
Overall, BNED's strategic initiatives position the company for continued success and future expansion.

Barnes & Noble Education reports strong fiscal '23 growth and outlines strategic focus for fiscal '24

BNED's fiscal '23 performance reflects progress in strategic transformation and revenue growth, driven by the FDC model and retail segment expansion.
While facing challenges such as negative EBITDA and declining wholesale revenue, BNED's focus on profitability and partnerships positions it for future success.
With opportunities for revenue growth through general merchandise and strategic initiatives, BNED is poised to leverage its strengths and address operational challenges.

BNED reports Q1 revenue growth and student success initiatives

BNED's Q1 performance showcased revenue and EBITDA growth, driven by strong Retail segment sales and First Day Complete program success.
While facing challenges such as inventory delays and store reductions, BNED's focus on student experience and financial flexibility positions them for future success.
Opportunities lie in leveraging the First Day Complete model, new CFO leadership, and digital sales optimization to sustain growth momentum.

Barnes & Noble Education reports Q2 revenue growth and strategic exploration

BNED's Q2 2024 performance showcased revenue growth and improved EBITDA margins, with a maintained expectation of approximately $40 million for adjusted EBITDA in fiscal 2024. The company's emphasis on strategic initiatives and operational efficiencies positions it for sustainable growth.

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Barnes and Noble Education, Inc. engages in the management and operation of bookstore chains in universities. It operates through the Retail and Wholesale segments. The Retail segment operates college, university, and K-12 school bookstores, physical bookstores, and virtual bookstores. The Wholesale segment sells and distributes new and used textbooks to physical bookstores. The company was founded by Leonard S, Riggio in 1965 and is headquartered in Basking Ridge, NJ.

Barnes & Noble Education  (NYSE: BNED ) stock is down on Monday as the college and university campuses bookstore company's shares come off of a spectacular rally on Friday. Shares of BNED stock underwent a 126.3% rally on Friday that came alongside heavy trading of its shares.

Why Is Barnes & Noble (BNED) Stock Down 16% Today?

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, announced today that its registration statement for its fully backstopped $45 million equity rights offering (the “Rights Offering”), was declared effective by the Securities and Exchange Commission (“SEC”) on May 14, 2024. The Rights Offering is one of the previously announced proposed transactions (the “Transactions”) contemp.

Barnes & Noble Education Announces Effectiveness of Registration Statement Relating to $45 Million Rights Offering for Common Stock and Commencement of Rights Offering

Immersion

Immersion has a new CEO, Eric Singer, who is focused on unlocking value for shareholders.

Immersion: An Able Capital Allocator Is Leading A Transformation

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has entered into a definitive agreement with Immersion Corporation (NASDAQ: IMMR) (“Immersion”), and certain of the Company's existing shareholders and strategic partners, on the terms of new equity and refinancing transactions that will significantly strengthen BNED's long-term financial position. The p.

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that its Board of Directors has approved the adoption of a short-term stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of the Company's common stock. The rights will be exercisable only if a person or group acquires 10% or more of the Company's outstanding common.

Barnes & Noble Education Adopts Short-Term Stockholder Rights Plan

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the third quarter ended on January 27, 2024. Financial Results for the Third Quarter Fiscal Year 2024: Consolidated third quarter GAAP sales of $456.7 million increased by $18.6 million, compared to $438.1 million in the prior year period. The third quarter sales increase is due to higher course material sales, prim.

Barnes & Noble Education Reports Third Quarter Fiscal Year 2024 Financial Results

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that the Company is rescheduling its third quarter fiscal year 2024 earnings press release and investor conference call previously scheduled for Thursday, March 7, 2024 at 4:30 p.m. Eastern Time. BNED intends to issue a press release announcing the new date and time of its third quarter fiscal year 2024 earnings.

Barnes & Noble Education to Reschedule Its Third Quarter Fiscal Year 2024 Earnings Release and Conference Call

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), (NYSE:BNED or “the Company”), a leading solutions provider for the education industry, today announced that on February 27, 2024 it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) indicating that the Company is no longer in compliance with NYSE's continued listing criteria under Section 802.01C of the NYSE Listed Company Manual (“Section 802.01C”) that requires listed companies.

Barnes & Noble Education Receives Continued Listing Standard Notice From NYSE

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that the Company expects to report fiscal year 2024 third quarter earnings results on Thursday, March 7, 2024, after market close. The Company will host an investor conference call at 4:30 p.m. Eastern Time on Thursday, March 7, 2024, to review the Company's financial results and operations. This call is being webcast and can be accessed.

Barnes & Noble Education Announces Fiscal Year 2024 Third Quarter Earnings Release Date and Conference Call Webcast

I've recently tripled down on my investment in BNED, buying more shares after a significant sell-off. The sell-off was triggered by an article suggesting a policy change that would affect BNED's business, but I believe the sell-off is irrational. I explain the benefits of BNED's First Day Complete program and argue that the sell-off is based on misunderstandings and fear.

Barnes & Noble Education: After The DOE Scare, Why I've Tripled Down

Barnes & Noble Education, Inc. (NYSE:BNED ) Q2 2024 Results Conference Call December 6, 2023 4:30 PM ET Company Participants Hunter Barnes - IR Mike Huseby - Chief Executive Officer Kevin Watson - Chief Financial Officer Jonathan Shar - EVP Retail and President, Barnes & Noble College Conference Call Participants Matt Shea - Needham & Co Alex Fuhrman - Craig-Hallum Capital Hunter Barnes Thanks operator. Good afternoon, everyone, and welcome to our Fiscal 2024 Second Quarter Earnings Call.

Barnes & Noble Education, Inc. (BNED) Q2 2024 Earnings Call Transcript

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the second quarter ended on October 28, 2023. Barnes & Noble Education is a highly seasonal business, and the second quarter includes the Fall rush period, which is historically the largest sales period for the Company. “Our second quarter results demonstrate that the execution of our transformation initiatives.

Barnes & Noble Education Reports Second Quarter Fiscal Year 2024 Financial Results

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced the Company has adjusted the time of its second quarter fiscal year 2024 earnings investor conference call to 4:30 p.m. Eastern Time on Wednesday, December 6, 2023, from Wednesday, December 6, 2023, at 8:30 a.m. Eastern Time. The Company expects to release its fiscal year 2024 second quarter earnings results on Wednesday, December 6, 202.

Barnes & Noble Education Announces It Is Adjusting the Time of Its Second Quarter Fiscal Year 2024 Earnings Release and Conference Call

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) today announced the Company expects to report fiscal year 2024 second quarter earnings results on Wednesday, December 6, 2023, before the market opens. The Company will host an investor conference call at 8:30 a.m. Eastern Time on Wednesday, December 6, 2023, to review the Company's financial results and operations. This call is being webcast and can be accessed at Barnes & Noble Education's corporate webs.

Barnes & Noble Education Announces Fiscal Year 2024 Second Quarter Earnings Release Date and Conference Call Webcast

Barnes & Noble Education, Inc. (NYSE:BNED ) Q1 2024 Earnings Conference Call September 6, 2023 8:30 AM ET Company Participants Hunter Blankenbaker - Vice President, Investor Relations Michael Huseby - Chief Executive Officer Jonathan Shar - Executive Vice President, BNED Retail and President, Barnes & Noble College Conference Call Participants Ryan MacDonald - Needham Alex Fuhrman - Craig-Hallum Capital Group Operator Good morning. My name is Rob and I will be your conference operator today.

Barnes & Noble Education, Inc. (BNED) Q1 2024 Earnings Call Transcript

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that Kevin F. Watson has been named Chief Financial Officer, effective September 7, 2023. Mr. Watson will report directly to Michael P. Huseby, Chief Executive Officer, BNED. Mr. Watson is a seasoned executive with more than 20 years of global finance, accounting, capital markets, business transformation and transactional experience acro.

Barnes & Noble Education Names Kevin F. Watson as Executive Vice President and Chief Financial Officer

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the first quarter ended on July 29, 2023. Barnes & Noble Education is a highly seasonal business, and the first quarter is historically a period of low sales activity for the Company. Financial Results for the First Quarter Fiscal Year 2024: Consolidated first quarter GAAP sales of $264.2 million increased by $9.

Barnes & Noble Education Reports First Quarter Fiscal Year 2024 Financial Results

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) today announced the Company expects to report fiscal year 2024 first quarter earnings results on Wednesday, September 6, 2023, before the market opens. The Company will host an investor conference call at 8:30 a.m. Eastern Time on Wednesday, September 6, 2023, to review the Company's financial results and operations. This call is being webcast and can be accessed at Barnes & Noble Education's corporate web.

Barnes & Noble Education Announces Fiscal Year 2024 First Quarter Earnings Release Date and Conference Call Webcast

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes and Noble College (BNC), a Barnes & Noble Education Inc. (NYSE: BNED) company and leading solutions provider for the education industry, announced today the launch of First Day® Complete at Sonoma State University. Barnes & Noble College (BNC), which manages BNED's campus bookstores and associated school-branded e-commerce sites, will implement the Seawolf Bundle book program for the nearly 5,600 undergraduate students who will attend Sonoma.

Barnes & Noble Education and Sonoma State University Launch Seawolf Bundle, a First Day® Complete Program, to Enhance Student Outcomes

Barnes & Noble Education, Inc. (NYSE:BNED ) Q4 2023 Results Conference Call August 4, 2023 8:30 AM ET Company Participants Hunter Blankenbaker - VP, IR Jonathan Shar - EVP, BNED Retail, and President, Barnes & Noble College Mike Miller - EVP, Corporate Development and Affairs, and Chief Legal Officer Jason Snagusky - SVP and Treasurer Conference Call Participants Alex Fuhrman - Craig-Hallum Capital Group Ryan MacDonald - Needham Operator Thank you for standing by. My name is Maria, and I will be your conference operator today.

Barnes & Noble Education, Inc. (BNED) Q4 2023 Earnings Call Transcript

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the fourth quarter and fiscal year 2023, which ended on April 29, 2023. During the fourth quarter of fiscal year 2023, the assets related to the Company's Digital Student Solutions ("DSS") segment met the criteria for classification as Assets Held for Sale and Discontinued Operations. Results reported in this press.

Barnes & Noble Education Reports Fourth Quarter and Fiscal Year 2023 Financial Results

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), today announced the Company expects to report fourth quarter and fiscal year 2023 earnings results on Friday, August 4, 2023, before the market opens. The Company will host an investor conference call at 8:30 a.m. Eastern Time on Friday, August 4, 2023, to review the Company's financial results and operations. This call is being webcast and can be accessed through Barnes & Noble Education's corporate webs.

Barnes & Noble Education Announces Fiscal 2023 Year-End Earnings Release Date and Conference Call Webcast

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that it has entered into an agreement with its financial stakeholders and strategic partners on the terms of a refinancing that would immediately strengthen the Company's liquidity and overall financial positions by extending the maturity of its debt facilities, amending certain credit facility covenants and modifying certain other agree.

Barnes & Noble Education Enters Agreement with Key Financial Stakeholders and Strategic Partners to Strengthen Financial Position and Support Growth Initiatives

The academic book retailer published the results of a student survey. These indicated very favorable views of a course material bundle.

Why Barnes & Noble Education Stock Was a Raging Success This Week

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced results from its recent Student Success Survey which revealed the significant impact that First Day® Complete (FDC), Barnes & Noble College's (BNC) innovative equitable access course material model, is having on students' academic success. Additionally, BNC continues to see strong institutional adoption of First Day Complete based on.

New Study Highlights the Positive Impact on Student Outcomes of Barnes & Noble Education's First Day® Complete Equitable Access Program; Results Driving Rapid Growth of the Model across Colleges and Universities

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