Barnes & Noble Education, Inc. (NYSE: BNED) shares gained ground Tuesday. The company, which boasts a status as a leading solutions provider for the education industry, today announced that it has filed its Quarterly Report for the fiscal quarters ended August 2, 2025 and November 1, 2025.
Revenue for the first half of fiscal 2026 was $932.6 million, an increase of 7.7% compared to $865.6 million for the first six months of fiscal 2025. Gross Comparable Store Sales increased by $54.4 million, or 6.0%, year-over-year.
Net income for the first half of fiscal 2026 was $6.7 million compared to a net loss of $60.8 million in the prior year. Adjusted EBITDA for the first half of fiscal 2026 was $38.3 million, an increase of $4.4 million, from the $33.9 million in the first half of the prior fiscal year.
Due to year-over-year shifts in the Company’s fiscal calendar and our institutional partners’ academic calendars, a greater portion of earnings from the fall rush period was recognized in the first quarter of fiscal 2026, which drove stronger first quarter results and a corresponding decline in year-over-year results for the second quarter of fiscal 2026.
BNED shares advanced 29 cents, or 3.3%, Tuesday to $9.05.
Related Stories
