Barnes & Noble Education, Inc. (BNED) Form 8-K — Sep 8, 2026
Barnes & Noble Education reported fiscal 2027 first quarter results with revenue of $290.6 million, up 0.8% year-over-year, driven by 9.0% growth in BNC First Day revenue to $124.7 million. Net loss narrowed 29.3% to $12.9 million from $18.3 million, and Adjusted EBITDA improved 18.9% to a loss of $9.3 million. First Day Complete momentum continues to build, with the institution-wide affordable access program expected to reach more than 1.43 million students across 263 campuses this fall, approximately 26% more than Fall 2025. The financial impact of the expanded Fall 2026 participation will primarily be reflected in the second and subsequent quarters of fiscal 2027.
Key figures
- Revenue
- 290600000
- Guidance
- Reiterated fiscal 2027 outlook: targeting Adjusted EBITDA of $85 million to $92 million, approximately $20 million in capital expenditures, continued revenue growth, and normal cash taxpayer status
- Total Debt
- 123500000
- Revenue Yoy
- +0.8% ($2.4 million increase from $288.2 million)
- Total Assets
- 846729000
- Cash Position
- 7806000
- First Day Revenue
- 124700000
- Net Loss Improvement
- 29.3%
- Total Debt Prior Year
- 170000000
- First Day Revenue Growth
- 9.0% ($10.3 million)
- Positive Working Capital
- 236800000
- Adjusted EBITDAimprovement
- 18.9%
- Quarterly Dividend Per Share
- 0.08
- Comparable Store Sales Growth
- 3.7% ($10.7 million)
- Weighted Average Shares Basic
- 34531798
- First Day Complete Campuses Fall2026
- 263
- First Day Complete Students Fall2026
- more than 1.43 million, approximately 26% more than Fall 2025
Price after filing
Close on the filing date to close N calendar days later (from $12.72). Historical, not a forecast.
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