{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-050910","form_type":"8-K","ticker":"BNED","cik":"0001634117","company_name":"Barnes & Noble Education, Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.253773+00:00","generated_at":"2026-05-25T01:34:17.204548+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"BNED Q3 net income $7.1M vs loss, revenue up 2%, BNC First Day revenues +21%","bullets":["Net income of $7.1M ($0.23/share) vs loss of $(9.9M) last year; Adjusted EBITDA $27.4M (+30% YoY).","Revenue $466.3M (+2.1%); BNC First Day program revenues rose 21% to $222M; 191 stores using First Day Complete.","Total debt reduced to $141.2M from $254.3M; raised $80M in ATM equity offerings; net working capital improved to positive $223.3M.","Non-cash $7.6M restructuring gain and $10.7M tax provision from LIFO to FIFO change, expected to reduce long-term tax liabilities.","Opened new campus stores; secured commitments for future openings; management optimistic for free cash flow in next fiscal year."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-050910","json":"https://secwatch.observer/filing/0001193125-25-050910.json","markdown":"https://secwatch.observer/filing/0001193125-25-050910.md","text":"https://secwatch.observer/filing/0001193125-25-050910.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634117/000119312525050910/0001193125-25-050910-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634117/000119312525050910/d895340d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T01:34:17.204548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}