{"schema_version":"secwatch.filing_event.v1","accession":"0001634117-23-000045","form_type":"8-K","ticker":"BNED","cik":"0001634117","company_name":"Barnes & Noble Education, Inc.","filed_at":"2023-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.630104+00:00","generated_at":"2026-06-10T23:27:57.879039+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BNED Q1 revenue +3.7% to $264.2M; adj EBITDA loss narrows to $(26.8)M; appoints new CFO","bullets":["Revenue $264.2M (+3.7% YoY); GAAP net loss from cont ops $(50.0)M essentially flat.","Adjusted EBITDA $(26.8)M improved $7.5M from $(34.3)M prior year.","First Day Complete revenue surged 55% to $25.5M; 157 campus stores now enrolled for Fall 2023.","Retail comparable store sales +5.9% despite 117 fewer stores; cost cuts drove SGA -14.2%.","Kevin Watson appointed EVP CFO effective Sept 7; base salary $540K, sign-on $5K."],"urls":{"canonical":"https://secwatch.observer/filing/0001634117-23-000045","json":"https://secwatch.observer/filing/0001634117-23-000045.json","markdown":"https://secwatch.observer/filing/0001634117-23-000045.md","text":"https://secwatch.observer/filing/0001634117-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634117/000163411723000045/0001634117-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634117/000163411723000045/bned-20230906.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:27:57.879039+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":"646db3b2de8260a9aabe6bc373438e49da1f76c0","claim":"Barnes & Noble Education, Inc. reported first quarter ended July 29, 2023 results: revenue $264.2 million, net income $(50.0) million.","evidence_excerpt":"Q124 EARNINGS) --- Q124 EARNINGS Document Exhibit 99.1 Barnes & Noble Education Reports First Quarter Fiscal Year 2024 Financial Results Consolidated Revenue Increased 3.7% to $264.2 Million Retail Segment Gross Comparable Store Sales Increased 5.9% Course Material Gross Comparable Store Sales Increased 6.5% First Day® Complete Revenue Increased 55% to $25.5 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634117/000163411723000045/0001634117-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended July 29, 2023"},{"label":"Revenue","value":"$264.2 million"},{"label":"Net income","value":"$(50.0) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c7e3c93771","claim":"Kevin Watson was appointed as Executive Vice President, Chief Financial Officer at Barnes & Noble Education, Inc..","evidence_excerpt":"On September 6, 2023, the Company announced the appointment of Kevin Watson as the Company’s Executive Vice President, Chief Financial Officer (“CFO”) effective as of September 7, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634117/000163411723000045/0001634117-23-000045-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}