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Barnes & Noble Education, Inc.

Barnes & Noble Education, Inc.

NYSE•BNED
CEO: Mr. Jonathan Shar
Sector: Consumer Cyclical
Industry: Specialty Retail
Listing Date: 2015-07-23
Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions primarily in the United States. It operates in two segments, Retail and Wholesale. The company sells and rents new and used print textbooks, digital textbooks, and publisher hosted digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com. In addition, it offers First Day and First Day Complete access programs; and general merchandise, including collegiate and athletic apparel, school spirit products, lifestyle and wellness products, technology products, supplies, graduation products, and convenience items. Further, the company sources, sells, and distributes new and used textbooks; and sells hardware and a software suite of applications that provides inventory management and point-of-sale solutions to college bookstores. Additionally, it offers direct-to-student services. The company operates physical college and university bookstores; virtual bookstores; True Spirit e-commerce websites; pop-up retail locations; customized cafés and stand-alone convenience stores; and a media channel for brands targeting the college demographic. Barnes & Noble Education, Inc. was founded in 1965 and is headquartered in Basking Ridge, New Jersey.
Contact Information
120 Mountain View Boulevard, Basking Ridge, NJ, 07920, United States
908-991-2665
www.bned.com
Market Cap
$311.59M
P/E (TTM)
10.5
30.6
Dividend Yield
--
52W High
$12.21
52W Low
$5.90
52W Range
52%
Rank61Top 91.5%
2.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

-$466.33M-177.45%
4-Quarter Trend

EPS

-$0.23-112.30%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Total Sales Increased 7.7% Total sales $932.6M (26 weeks), up 7.7% from $865.6M. Driven by BNC First Day programs growth.
BNC First Day Sales Surge BNC First Day sales reached $408.4M (26 weeks), showing strong 29.0% growth over prior period results.
Profitability Turnaround Achieved 26-week Net Income $6.733M compares favorably to prior $(60.763M) loss, showing major turnaround.
Liquidity Position Strong Cash reserves $36.429M end period; full $325M credit facility capacity remains available for needs.

Risk Factors

Internal Control Weaknesses Persist Material weaknesses in financial reporting controls persist due to control environment and risk assessment issues.
Store Footprint Reduction Strategy Strategic closure of 66 underperforming stores in 26 weeks reflects focus on profitability improvement.
Supplier Dependency Risks High Results highly dependent on timely supplier inventory fulfillment; liquidity constraints could impact procurement.
Tax Attribute Utilization Limited IRC 382 limitations materially impact utilization of $211.9M NOL carryforwards as of May 3, 2025.

Outlook

Accelerate First Day Strategy Moving quickly to accelerate BNC First Day Complete strategy adoption across all partner institutions.
Expand E-commerce Capabilities Expect growth via expanded e-commerce capabilities and enhanced partnership with F/L Relationship providers.
Drive Profitability Through Cost Cuts Continually streamlining operations to maximize productivity and drive profitability through ongoing cost reduction efforts.
Future Financing Uncertainty Future financing access depends on overall liquidity of capital markets and current state of the economy.

Peer Comparison

Revenue (TTM)

Genesco Inc.GCO
$2.38B
+2.8%
1-800-FLOWERS.COM, Inc.FLWS
$1.66B
-8.1%
Barnes & Noble Education, Inc.BNED
$880.41M
-43.8%

Gross Margin (Latest Quarter)

Haverty Furniture Companies, Inc.HVT
60.3%
+0.1pp
Genesco Inc.GCO
46.8%
-1.0pp
The Honest Company, Inc.HNST
37.3%
-1.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
HVT$427.49M50.42.7%32.5%
GCO$366.29M9025.40.0%41.7%
CTRN$357.51M-21.0-14.8%47.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Mar 9, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q2 2026

    Period End: Nov 1, 2025|Filed: Jan 20, 2026|
    Revenue: -$466.33M-177.4%
    |
    EPS: $-0.23-112.3%
    N/A
  • Form 10-Q - Q1 2026

    Period End: Aug 2, 2025|Filed: Jan 20, 2026|Refer to amended data
  • Form 10-Q - Q3 2025

    Period End: Jan 25, 2025|Filed: Mar 10, 2025|
    Revenue: $466.33M+2.1%
    |
    EPS: $0.23-106.4%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Oct 26, 2024|Filed: Dec 9, 2024|
    Revenue: $602.12M-1.4%
    |
    EPS: $1.87-81.4%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jul 27, 2024|Filed: Sep 10, 2024|
    Revenue: $263.43M-0.3%
    |
    EPS: $-7.36-61.3%
    Beat
  • Form 10-K - FY 2024

    Period End: Apr 27, 2024|Filed: Jul 1, 2024|
    Revenue: $1.57B+1.6%
    |
    EPS: $-23.47+44.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Jan 27, 2024|Filed: Mar 12, 2024|
    Revenue: $456.67M+4.3%
    |
    EPS: $-3.60-65.3%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Oct 28, 2023|Filed: Dec 7, 2023|
    Revenue: $610.38M+0.3%
    |
    EPS: $10.03+9.6%
    Miss