---
schema_version: "secwatch.filing_event.v1"
accession: "0001634117-24-000015"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:20:40.390152+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barnes & Noble Education Q3 FY2024 net loss narrows to $9.9M; adjusted EBITDA jumps to $20.3M

## Summary
- Consolidated Q3 GAAP sales $456.7M (+$18.6M vs. prior year); net loss $(9.9)M improved from $(22.1)M.
- Non-GAAP Adjusted EBITDA from continuing ops $20.3M, up from $5.2M; Adjusted earnings $(0.7)M vs. $(12.0)M.
- First Day Complete revenue surged to $110M from $67M; 160 campus stores using program in spring 2024.
- Retail segment gross comparable store sales +8.8% (course materials +14.1%, general merchandise -4.6%).
- Company executed bank amendment and continues discussions to strengthen liquidity and financial position.

## SEC filing metadata
- accession: 0001634117-24-000015
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2024-03-13T23:59:59+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/1634117/000163411724000015/0001634117-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000163411724000015/bned-20240312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001634117-24-000015
- JSON: https://secwatch.observer/filing/0001634117-24-000015.json
- Plain text: https://secwatch.observer/filing/0001634117-24-000015.txt

## Key facts
- Earnings Releases
  Barnes & Noble Education, Inc. reported the third quarter ended January 27, 2024 results: revenue $456.7 million, net income $(9.9) million.
  - Period: the third quarter ended January 27, 2024
  - Revenue: $456.7 million
  - Net income: $(9.9) million
  - Result: reported results
  source text: reported sales and earnings for the third quarter ended on January 27, 2024. Financial Results for the Third Quarter Fiscal Year 2024: • Consolidated third quarter GAAP sales of $456.7 million increased by $18.6 million, compared to $438.1 million in the prior year period. The third quarter sales increase is due to higher course material sales, primarily through the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1634117/000163411724000015/0001634117-24-000015-index.htm

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