---
schema_version: "secwatch.filing_event.v1"
accession: "0001634117-23-000074"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:07:29.121828+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BNED Q2 FY2024 adjusted EBITDA up 28% to $50.3M; First Day Complete revenue +52%

## Summary
- GAAP net income from cont ops $24.9M, +2.8% YoY; GAAP EPS $0.47 diluted.
- Adjusted EBITDA $50.3M, +28.3% YoY; FY2024 guidance reaffirmed at ~$40M.
- First Day Complete revenue $136M, +52% YoY; 157 campuses now enrolled.
- Retail gross comparable store sales +3.6%; store count down 128 to 1,271.
- Strategic review of alternatives ongoing; no timetable set.

## SEC filing metadata
- accession: 0001634117-23-000074
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1634117/000163411723000074/0001634117-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000163411723000074/bned-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001634117-23-000074
- JSON: https://secwatch.observer/filing/0001634117-23-000074.json
- Plain text: https://secwatch.observer/filing/0001634117-23-000074.txt

## Key facts
- Earnings Releases
  Barnes & Noble Education, Inc. reported fiscal second quarter ended October 28, 2023 results: net income Consolidated second quarter GAAP net income from continuing operations of $24.9 million increased by $0.7 million, or 2..
  - Period: fiscal second quarter ended October 28, 2023
  - Net income: Consolidated second quarter GAAP net income from continuing operations of $24.9 million increased by $0.7 million, or 2.
  - Result: reported results
  source text: Consolidated second quarter GAAP sales of $610.4 million increased by $1.7 million, or 0.3%, compared to $608.6 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1634117/000163411723000074/0001634117-23-000074-index.htm
- Earnings Releases
  Barnes & Noble Education, Inc. reported fiscal second quarter ended October 28, 2023 results: net income Consolidated second quarter GAAP net income from continuing operations of $24.9 million increased by $0.7 million, or 2..
  - Period: fiscal second quarter ended October 28, 2023
  - Net income: Consolidated second quarter GAAP net income from continuing operations of $24.9 million increased by $0.7 million, or 2.
  - Result: reported results
  source text: Consolidated second quarter GAAP net income from continuing operations of $24.9 million increased by $0.7 million, or 2.8%, compared to a net income from continuing operations of $24.2 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1634117/000163411723000074/0001634117-23-000074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.