Barnes & Noble Education Q1 revenue rises marginally after exit from less profitable locations

Barnes & Noble Education

08/09/2026 21:14

Overview
U.S. campus retail solutions provider's fiscal Q1 revenue grew 0.8% yr/yr
Net loss improved 29% yr/yr; adjusted EBITDA loss narrowed 19%
Company reiterated fiscal 2027 outlook and highlighted growth in First Day Complete program

Outlook
Company reiterates fiscal 2027 outlook, targeting Adjusted EBITDA of $85 mln to $92 mln
Company expects about $20 mln in capital expenditures for fiscal 2027
Company anticipates further improvements in net income and additional reductions in debt

Result Drivers
FIRST DAY PROGRAMS - Co said revenue growth was mainly driven by expansion of BNC First Day programs
STORE CLOSURES - Co said exits from less profitable locations partially offset revenue gains
COMPARABLE STORE SALES - Co reported higher comparable store sales contributed to revenue growth

Company press release: ID:nGNX3m4XRx

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$290.60 mln
$306.67 mln (2 Analysts)
Q1 Loss Per Share
Beat
$0.37
$0.51 (2 Analysts)
Q1 Net Loss
Beat
$12.91 mln
$17.79 mln (2 Analysts)
Q1 Adjusted EBITDA
Miss
-$9.32 mln
-$8.76 mln (2 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for Barnes & Noble Education Inc is $17.25, about 35.6% above its September 4 closing price of $12.72

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)