Welcome to our dedicated news page for Barnes & Noble Education (Ticker: BNED), a resource for investors and traders seeking the latest updates and insights on Barnes & Noble Education.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Barnes & Noble Education's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Barnes & Noble Education's position in the market.
Rhea-AI Summary
Barnes & Noble Education (BNED) implements a short-term stockholder rights plan, granting one preferred share purchase right per outstanding common share if a person or group acquires 10% or more of the common stock. The rights allow stockholders to buy a new series of junior participating preferred stock at an exercise price of $5.00. The plan aims to prevent hostile takeovers and will be in effect until January 31, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-64.29%
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Rhea-AI Summary
Barnes & Noble Education (BNED) announces milestone transactions to strengthen balance sheet and advance services. The company will receive $95 million in new capital, eliminate $34 million of debt, and secure a commitment to refinance a loan facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-64.29%
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Rhea-AI Summary
Barnes & Noble Education, Inc. reported strong financial results for the third quarter of fiscal year 2024, with consolidated sales increasing to $456.7 million and gross profit rising to $100.0 million. The company's net loss from continuing operations improved to $(9.9) million, and adjusted EBITDA increased to $20.3 million. Operational highlights include significant revenue growth from BNC First Day programs and a 8.8% increase in total retail segment gross comparable store sales.
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Rhea-AI Sentiment
End-of-Day
1.78%
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Barnes & Noble Education (BNED) postpones its Q3 fiscal year 2024 earnings release and conference call, with a new date to be announced soon.
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Rhea-AI Sentiment
End-of-Day
4.26%
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Rhea-AI Summary
Barnes & Noble Education, Inc. received a notice from the NYSE indicating non-compliance with the minimum share price requirement. The company plans to cure the deficiency within a six-month period to maintain its listing on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.16%
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Rhea-AI Summary
Barnes & Noble Education, Inc. (BNED) will release its fiscal year 2024 third quarter earnings on March 7, 2024, after market close. An investor conference call will follow to discuss financial results and operations.
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End-of-Day
-6.57%
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Rhea-AI Summary
Barnes & Noble Education, Inc. (NYSE: BNED) reported a 3.6% increase in retail gross comparable store sales, with a 52% increase in First Day Complete revenue to $136 million. The company's consolidated GAAP net income from continuing operations increased by 2.8% to $24.9 million, while consolidated adjusted EBITDA from continuing operations increased by 28.3% to $50.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.95%
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Rhea-AI Summary
Barnes & Noble Education, Inc. (NYSE: BNED) has rescheduled its second quarter fiscal year 2024 earnings investor conference call to 4:30 p.m. Eastern Time on Wednesday, December 6, 2023. The company will release its fiscal year 2024 second quarter earnings results immediately after market close on the same day. The call will be webcast and archived on Barnes & Noble Education’s corporate website at www.bned.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.7%
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Rhea-AI Summary
Barnes & Noble Education, Inc. (NYSE: BNED) will report fiscal year 2024 second quarter earnings results on December 6, 2023. An investor conference call will be held at 8:30 a.m. Eastern Time to review financial results and operations.
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Rhea-AI Sentiment
End-of-Day
-2.38%
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Barnes & Noble Education appoints Kevin F. Watson as Chief Financial Officer
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Rhea-AI Sentiment
End-of-Day
-2.48%
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Barnes & Noble Education, Inc
NYSE:BNED
BNED Rankings
BNED Stock Data
10.63M
30.65M
27.74%
37.04%
2.69%
Book Stores
Retail Trade
United States of America
BASKING RIDGE
About BNED
barnes & noble education, inc. operates bookstores for college and university campuses, and k-12 institutions in the united states. it operates in 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, and convenience items. in addition, the company sells hardware and a software suite of applications that provides inventory management and point-of-sale solutions; direct-to-student subscription-based writing se