Quarterly ResultJun 24, 2026, 04:06 PM
Barnes & Noble Education Projects FY26 Net Income $15-18M, Adj. EBITDA Up 26-30%
AI Summary
Barnes & Noble Education, Inc. announced preliminary, unaudited financial results for fiscal year 2026, projecting a significant turnaround to net income of $15 million to $18 million, compared to a net loss of $65.8 million in the prior year. Adjusted EBITDA is expected to increase by 26% to 30%, reaching $75 million to $77 million. The company also anticipates strong revenue growth, substantial debt reduction, and declared a quarterly dividend of $0.08 per common share. Looking ahead to fiscal 2027, BNED targets Adjusted EBITDA between $85 million and $92 million.
Key Highlights
- Fiscal 2026 net income expected between $15 million and $18 million, a significant turnaround from a $65.8 million net loss in fiscal 2025.
- Adjusted EBITDA for fiscal 2026 expected between $75 million and $77 million, an increase of 26% to 30% year-over-year.
- Full-year preliminary revenue in fiscal 2026 expected to be $1.710 billion to $1.720 billion, up 6.2% to 6.8%.
- Revenues from BNC First Day® programs are expected to increase by 27.0% to 28.0% year-over-year.
- Total debt at year-end expected to be $71.0 million, with net debt decreasing approximately 33% year-over-year to $62.6 million.
- Board of Directors declared a quarterly dividend of $0.08 per common share.
- For fiscal 2027, Adjusted EBITDA is targeted in the range of $85 million to $92 million.
Price Impact
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