earnings
confidence high
sentiment positive
materiality 0.75
BNED Q2 net income doubles to $49.7M; First Day revenue up 18% to $235M
Barnes & Noble Education, Inc.
2025-Q2 EPS
reported -$2.48
vs consensus -$0.83
▼ miss
(-200.2%)
- Total revenue $602.1M (-1.4% YoY) as store closures offset 3.8% comparable store sales gain.
- Net income from continuing ops $49.7M ($1.87 diluted EPS) vs $24.9M prior year.
- Adjusted EBITDA up 29% to $66.0M from $51.1M on lower SG&A of $13.0M.
- First Day Complete enrollment ~925,000 students across 183 campus stores, up from 800,000.
- Completed $40M ATM equity offering; proceeds to reduce annual interest expense ~$4M.