---
schema_version: "secwatch.filing_event.v1"
accession: "0001634117-24-000046"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:03:15.098147+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BNED reports FY24 revenue up 1.6% to $1.57B, net loss narrows; June refinancing injects $80M

## Summary
- FY24 revenue $1.57B (+1.6%); net loss from continuing ops $(62.5)M vs $(90.1)M prior year.
- Adjusted EBITDA improved to $45.2M from $(8.1)M in prior year.
- First Day Complete revenue +48%; 160 stores (805K students), up 39% YoY.
- June 2024 refinancing: ~$80M cash, $34M debt-to-equity, $325M credit facility due 2028.
- 1-for-100 reverse stock split completed June 11; outstanding shares ~26.2M.

## SEC filing metadata
- accession: 0001634117-24-000046
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1634117/000163411724000046/0001634117-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000163411724000046/bned-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001634117-24-000046
- JSON: https://secwatch.observer/filing/0001634117-24-000046.json
- Plain text: https://secwatch.observer/filing/0001634117-24-000046.txt

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