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BNED - Barnes & Noble Educa...

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Barnes & Noble Education, Inc.

BNED

NYSE

Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through three segments: Retail, Wholesale, and Digital Student Solutions. 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. It also offers First Day and First Day Complete access programs; BNC OER+, a turnkey solution for colleges and universities, that offers digital content, such as videos, activities, and auto-graded practice assessments; and general merchandise, including collegiate and athletic apparel, school spirit products, lifestyle products, technology products, supplies, graduation products, and convenience items. In addition, 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 approximately 350 college bookstores. Further, it offers direct-to-student subscription-based writing services; and bartleby, a direct-to-student subscription-based offering that includes textbook solutions, expert questions and answers, and writing and tutoring services. The company operates 805 physical college and university bookstores; 622 virtual bookstores; 8 True Spirit e-commerce websites; pop-up retail locations; 73 customized cafés and 11 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.

9.57 USD

0.43 (4.49%)

BNED Financial Statements

Year

2024

2023

2022

2021

Total Revenue

1.57B

1.54B

1.53B

1.43B

Cost of Revenue

1.25B

1.19B

1.16B

1.18B

Gross Profit

316.22M

349.44M

372.76M

252.66M

Operating Expenses

378.71M

399.77M

432.82M

391.25M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

311.57M

357.61M

383.44M

338.28M

Selling & Marketing Expenses

5.78M

9.14M

9.93M

10.89M

General & Administrative Expenses

305.79M

348.47M

373.51M

327.38M

Other Expenses

0

0

49.38M

52.97M

Operating Income

-21.93M

-66.45M

-60.06M

-138.59M

Total Other Income/Expenses Net

-40.37M

-22.68M

-17.76M

-8.09M

Income Before Tax

-62.3M

-89.13M

-77.51M

-184.26M

Income Tax

183k

1.01M

-8.65M

-52.48M

Net Income

-63.21M

-101.86M

-68.86M

-131.79M

Basic EPS

-23.75

-171.85

-118.85

-268.92

EPS Diluted

-23.75

-171.85

-119

-269

Basic Average Shares

26.62M

20.98M

20.69M

19.86M

Diluted Average Shares

26.62M

20.98M

20.72M

19.87M

EBITDA

18.63M

-24.26M

-18.11M

-118.17M

All figures are in USD.

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