---
schema_version: "secwatch.filing_event.v1"
accession: "0001634117-26-000059"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2026-06-24T20:24:37+00:00"
generated_at: "2026-06-24T20:26:22.652597+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BNED preliminary FY2026 net income $15-18M vs $65.8M loss; Adj EBITDA $75-77M, initiates $0.08 dividend

## Summary
- Revenue $1.71-1.72B (+6.2-6.8% YoY); First Day program revenue +27-28% to ~$760M.
- Net income $15-18M vs prior year net loss of $65.8M; Adjusted EBITDA $75-77M (+26-30% YoY).
- Total debt reduced to $71.0M from $103.1M; net debt $62.6M, a 33% YoY decrease.
- Board declares first quarterly dividend of $0.08/share, payable July 30, 2026 to holders of record July 16, 2026.
- FY2027 outlook: targeting Adj EBITDA $85-92M, capex ~$20M, and further net income improvement.

## SEC filing metadata
- accession: 0001634117-26-000059
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2026-06-24T20:24:37+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1634117/000163411726000059/0001634117-26-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000163411726000059/bned-20260624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001634117-26-000059
- JSON: https://secwatch.observer/filing/0001634117-26-000059.json
- Plain text: https://secwatch.observer/filing/0001634117-26-000059.txt

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