{"schema_version":"secwatch.filing_event.v1","accession":"0001634117-24-000079","form_type":"8-K","ticker":"BNED","cik":"0001634117","company_name":"Barnes & Noble Education, Inc.","filed_at":"2024-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.882061+00:00","generated_at":"2026-05-31T05:39:27.620822+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BNED Q1 FY2025 revenue $263.4M (-0.3% YoY); net loss $99.5M on debt extinguishment; adjusted EBITDA improves to $(20.7)M","bullets":["Revenue $263.4M, down $0.7M YoY; BNC First Day programs revenue up 32% (+$19.6M).","Net loss from continuing ops $(99.5)M includes $55.2M non-cash loss on extinguishment of debt from second lien conversion.","Adjusted EBITDA improved to $(20.7)M from $(25.9)M, driven by $10.5M lower SG&A expenses.","Targeting material FY2025 improvement in operating results; >$10M in cost savings initiatives underway.","Completed $80M equity/refinancing and $325M new credit facility in June 2024; no formal guidance provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001634117-24-000079","json":"https://secwatch.observer/filing/0001634117-24-000079.json","markdown":"https://secwatch.observer/filing/0001634117-24-000079.md","text":"https://secwatch.observer/filing/0001634117-24-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634117/000163411724000079/0001634117-24-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634117/000163411724000079/bned-20240910.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:39:27.620822+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}