Barnes & Noble Education

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

Retrieved on: 
Wednesday, December 6, 2023

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.

Key Points: 
  • 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.
  • The second quarter sales increase is primarily related to higher course material sales, primarily through the Company’s First Day programs.
  • Barnes & Noble Education expects to report fiscal year 2024 third quarter results in early March 2024.

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

Retrieved on: 
Wednesday, November 22, 2023

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.

Key Points: 
  • 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 website at www.bned.com .
  • The webcast of this call will be archived and available for three months on Barnes & Noble Education’s corporate website.

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

Retrieved on: 
Wednesday, September 6, 2023

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.

Key Points: 
  • 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.
  • As CFO at Barnes & Noble Education, Mr. Watson will be responsible for the financial management of the Company, including leading the Accounting, Treasury, Tax, Financial Planning, Financial Operations, Internal Audit and Investor Relations teams.
  • “We are pleased to welcome Kevin to Barnes & Noble Education as our new Chief Financial Officer,” said Michael P. Huseby, Chief Executive Officer, BNED.

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

Retrieved on: 
Wednesday, September 6, 2023

Barnes & Noble Education is a highly seasonal business, and the first quarter is historically a period of low sales activity for the Company.

Key Points: 
  • 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 $9.5 million, or 3.7%, as compared to $254.7 million in the prior year period.
  • “Our fiscal year 2024 is off to a solid start and our first quarter results reflect clear progress against our strategic initiatives.
  • Barnes & Noble Education expects to report fiscal year 2024 second quarter results in early December 2023.

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

Retrieved on: 
Wednesday, August 30, 2023

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.

Key Points: 
  • 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 website at www.bned.com .
  • The webcast of this call will be archived and available for three months on Barnes & Noble Education’s corporate website.

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

Retrieved on: 
Friday, August 4, 2023

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.

Key Points: 
  • 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.
  • Fourth Quarter 2023 financial and operational highlights:
    Consolidated fourth quarter GAAP revenue of $241.8 million decreased by $9.3 million, or 3.7%, as compared to the prior year period.
  • Fiscal Year 2023 financial and operational highlights:
    Consolidated fiscal year 2023 GAAP revenue of $1,543.2 million increased by $47.5 million, or 3.2%, as compared to the prior year period.
  • Barnes & Noble Education, Inc. expects to report fiscal year 2024 first quarter earnings in early September.

Barnes & Noble College Partners with Premier Wellness Brands and Products to Curate Collection of Health & Wellness Solutions

Retrieved on: 
Wednesday, June 21, 2023

Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the launch of Be Well.

Key Points: 
  • Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the launch of Be Well.
  • Be You.™ by Barnes & Noble College, a collection of thoughtfully curated health and wellness solutions from top brands, including Lifelines™, Rae, OLLY®, Vital Proteins®, Farmers Fridge, Logitech®, iHome® Zenergy Candle, Warmies® and more, now available in BNC campus bookstores and their eCommerce websites.
  • by Barnes & Noble College health and wellness collection in the Boston University Bookstore in Boston, Massachusetts.
  • “We took great care to ensure that we selected premier partners and products for the Be Well.

Learneo Advances Platform Strategy with Second Acquisition this Year

Retrieved on: 
Wednesday, May 31, 2023

REDWOOD CITY, Calif., May 31, 2023 /PRNewswire/ -- Learneo, Inc., a platform of productivity and learning businesses and technologies, today announced that it entered into a definitive agreement and closed on the acquisition of the Digital Student Solutions (DSS) segment of Barnes & Noble Education, Inc. (NYSE: BNED), which includes bartleby®  and Student Brands. DSS expands Learneo's suite of supplemental learning technologies with multiple subscription-based solutions offering high-quality educational content, as well as study and writing support and tools across several languages.

Key Points: 
  • "Learneo is shaping a world where everyone has the resources to learn and achieve their fullest potential," said Andrew Grauer, CEO of Learneo.
  • In December 2022, Learneo established an ambitious plan to develop and acquire productivity and learning technologies.
  • The acquisition of DSS quickly follows the Company's acquisition of the AI-powered multilingual writing platform, LanguageTool, last month.
  • Learneo now comprises eight business lines including CliffsNotes, Course Hero, DSS (bartleby® and Student Brands), LanguageTool, LitCharts, QuillBot, Scribbr, and Symbolab.

Barnes & Noble Education and Wake Tech Community College to Launch Eagle Advantage, a First Day® Complete Program, to Enhance Student Success

Retrieved on: 
Thursday, May 18, 2023

Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, announced today the upcoming launch of First Day® Complete at Wake Tech Community College .

Key Points: 
  • Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, announced today the upcoming launch of First Day® Complete at Wake Tech Community College .
  • Barnes & Noble College (BNC), which manages BNED’s campus bookstores and associated school branded e-commerce sites, will implement the Eagle Advantage book program for the 21,000 plus undergraduate students who will attend Wake Tech, starting Fall 2023.
  • For the Fall 2023 semester, the program will be offered to students at no charge, in a Wake Tech promotion called Free Book Fall.
  • “We’re excited about our partnership with Wake Tech Community College, the largest community college in North Carolina,” said Jonathan Shar, President, Barnes & Noble College.

Barnes & Noble Education and Emporia State University to Launch Hornet Textbook Bundle, a First Day® Complete Program, to Enhance Student Success

Retrieved on: 
Monday, May 15, 2023

Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the upcoming launch of First Day® Complete at Emporia State University .

Key Points: 
  • Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the upcoming launch of First Day® Complete at Emporia State University .
  • Barnes & Noble College (BNC), which manages BNED’s campus bookstores and associated school branded e-commerce sites, will implement the Hornet Textbook Bundle for Emporia State this upcoming Fall 2023 semester.
  • “We are excited about our partnership with Emporia State University as we implement Hornet Textbook Bundle to enhance student outcomes,” said Jonathan Shar, President, Barnes & Noble College.
  • Barnes & Noble College, a Barnes & Noble Education company, currently operates more than 770 campus stores nationwide.