{"schema_version":"secwatch.filing_event.v1","accession":"0001634117-22-000142","form_type":"8-K","ticker":"BNED","cik":"0001634117","company_name":"Barnes & Noble Education, Inc.","filed_at":"2022-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.510143+00:00","generated_at":"2026-06-21T08:55:36.339694+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BNED Q2 revenue $617M (-1.6% YoY); net income $22.1M; plans $30-35M cost savings","bullets":["GAAP sales $617.1M, down 1.6%; net income $22.1M vs $22.5M prior year.","Non-GAAP adjusted EBITDA $39.4M vs $39.0M; adjusted earnings $24.0M vs $25.0M.","First Day Complete revenue +97% to $89.9M; adopted by 111 stores covering ~545K students.","Retail comparable store sales -2.2%; general merchandise +4.5% partly offsetting course material declines.","Expects $30-35M annualized cost savings, $10-15M in FY2023; accelerating First Day Complete adoption."],"urls":{"canonical":"https://secwatch.observer/filing/0001634117-22-000142","json":"https://secwatch.observer/filing/0001634117-22-000142.json","markdown":"https://secwatch.observer/filing/0001634117-22-000142.md","text":"https://secwatch.observer/filing/0001634117-22-000142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634117/000163411722000142/0001634117-22-000142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634117/000163411722000142/bned-20221206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T08:55:36.339694+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":[{"claim_id":"8bffb87b26dd240c1bfb887b2ff89d6087467d57","claim":"Barnes & Noble Education, Inc. reported second quarter ended October 29, 2022 results: revenue $617.1 million, net income $22.1 million.","evidence_excerpt":"Financial results for the second quarter 2023: • Consolidated second quarter GAAP sales of $617.1 million decreased 1.6%, as compared to the prior year period. • Consolidated second quarter GAAP gross profit of $144.8 million compared to $145.6 million in the prior year period. Gross margin was 23.5% of sales as compared to 23.2% in the prior year period. • Consolidated second quarter GAAP net income of $22.1 million, compared to $22.5 million in the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634117/000163411722000142/0001634117-22-000142-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended October 29, 2022"},{"label":"Revenue","value":"$617.1 million"},{"label":"Net income","value":"$22.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}