{"schema_version":"secwatch.filing_event.v1","accession":"0001634117-25-000020","form_type":"8-K","ticker":"BNED","cik":"0001634117","company_name":"Barnes & Noble Education, Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.529509+00:00","generated_at":"2026-05-17T06:44:57.335934+00:00","sec_items":["2.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"BNED delays Q1 filing, gives prelim results; restating prior periods due to investigation","bullets":["Preliminary Q1 FY2026 total sales $288.6M (+9.5% YoY); BNC First Day revenue $114.3M (+40.5%).","Total net debt $162.7M, down $51M YoY; expects compliance with credit covenants.","Internal investigation into digital sales cost recording; prior financials from FY2024-Q3 FY2025 are unreliable.","Company expects to restate financials for Non-Reliance Periods; 10-Q filing delayed pending restatement.","Investigation will not impact total sales, cash, or debt; Q1 results are seasonal and not indicative of full year."],"urls":{"canonical":"https://secwatch.observer/filing/0001634117-25-000020","json":"https://secwatch.observer/filing/0001634117-25-000020.json","markdown":"https://secwatch.observer/filing/0001634117-25-000020.md","text":"https://secwatch.observer/filing/0001634117-25-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634117/000163411725000020/0001634117-25-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634117/000163411725000020/bned-20250912.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:44:57.335934+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"}