Barnes & Noble Education

BNED

Market cap $318M

On Tuesday, Barnes & Noble Education announced the completion of an audit committee investigation without further impact on the company's financial results; thus removing a longstanding overhang. However, the company is still working on required restatements. As a result, it will take more time for BNED to catch up on its regulatory filing obligations. The company also released selected preliminary financial results for FY2025 and H1/FY2026, with encouraging progress in terms of revenue growth and cash generation.

Company Announces the Conclusion and Findings of Internal Investigation Releases Preliminary FY2025 and First Half 2026 Results First Day Complete Enrollment for Fall 2025 Estimated to Grow 24%* Board of Directors Pleased with Revenue Growth & Strong Improvements in Operating Results and Balance Sheet FLORHAM PARK, N.J., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Barnes & Noble Education, Inc. (NYSE: BNED) , (“Barnes & Noble Education,” “BNED,” “the Company,” “we,” “us,” “our”), a leading solutions provider for the education industry, today announced that it has completed the previously disclosed internal investigation and is providing preliminary, unaudited financial results for the fiscal year ended May 3, 2025, as well as preliminary, unaudited year-to-date financial results for the first six months of fiscal 2026.

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Haptics patent licensing and investment company Immersion Corporation holds a substantial equity stake in Barnes & Noble Education. Strong improvements in BNED's business have been masked by an audit committee investigation and resulting requirement to restate financial results. For my part, I expect the upcoming filing of BNED's Q1/FY2026 report to act as a strong catalyst for both Immersion's and Barnes & Noble Education's shares.

Barnes & Noble delayed its annual report amid a probe into $23M overstated receivables and weaknesses in journal entries; shares fell 21% on July 21, 2025.

BASKING RIDGE, N.J., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for higher education, today announced the launch of Room Service , a first-of-its-kind service designed to make shopping and moving-in easier and stress-free for college students and their families.

In 2015 Barnes & Noble split into two companies, separating its profitable retail bookstores and its college (education) business. The spinoff aimed to allow each business to focus on its strengths and address unique market challenges independently. Despite losing more than 99% of its value since the split, BNED now appears to be an attractive investment.

Strong improvements in Barnes & Noble Education's business are currently masked by accounting issues. First Day sales growth has accelerated in recent quarters, and preliminary numbers indicate a vastly improved cash flow performance. Past missteps and the recent audit committee investigation have resulted in the company trading at a deeply discounted valuation.

BOSTON, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Block & Leviton LLP is investigating Barnes & Noble Education, Inc. (NYSE: BNED) for potential securities law violations.

NEW YORK, Sept. 14, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE: BNED).