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
Market Cap
$311.59M
P/E (TTM)
10.5
30.6
Dividend Yield
--
52W High
$12.21
52W Low
$5.90
52W Range
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)
$2.38B
FLWS$1.66B
$880.41M
Gross Margin (Latest Quarter)
60.3%
46.8%
HNST37.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HVT | $427.49M | 50.4 | 2.7% | 32.5% |
| GCO | $366.29M | 9025.4 | 0.0% | 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/AForm 10-Q - Q1 2026
Period End: Aug 2, 2025|Filed: Jan 20, 2026|Refer to amended dataForm 10-Q - Q3 2025
Period End: Jan 25, 2025|Filed: Mar 10, 2025|Revenue: $466.33M+2.1%|EPS: $0.23-106.4%BeatForm 10-Q - Q2 2025
Period End: Oct 26, 2024|Filed: Dec 9, 2024|Revenue: $602.12M-1.4%|EPS: $1.87-81.4%MissForm 10-Q - Q1 2025
Period End: Jul 27, 2024|Filed: Sep 10, 2024|Revenue: $263.43M-0.3%|EPS: $-7.36-61.3%BeatForm 10-K - FY 2024
Period End: Apr 27, 2024|Filed: Jul 1, 2024|Revenue: $1.57B+1.6%|EPS: $-23.47+44.5%BeatForm 10-Q - Q3 2024
Period End: Jan 27, 2024|Filed: Mar 12, 2024|Revenue: $456.67M+4.3%|EPS: $-3.60-65.3%MissForm 10-Q - Q2 2024
Period End: Oct 28, 2023|Filed: Dec 7, 2023|Revenue: $610.38M+0.3%|EPS: $10.03+9.6%Miss