Quarterly ResultSep 8, 2026, 04:17 PM
Barnes & Noble Education Q1 Revenue $290.6M; Net Loss Improves 29%
AI Summary
Barnes & Noble Education announced its fiscal 2027 first quarter financial results, reporting a 0.8% increase in revenue to $290.6 million and a 29.3% improvement in net loss to $12.9 million year-over-year. The company also saw a 18.9% improvement in Adjusted EBITDA to a loss of $9.3 million. The First Day® Complete program is projected to serve over 1.43 million students in Fall 2026, a 26% increase from Fall 2025. Total debt was reduced to $123.5 million, and the company reiterated its fiscal 2027 outlook.
Key Highlights
- Barnes & Noble Education reported Q1 FY27 revenue of $290.6M, up 0.8% YoY.
- Net loss improved 29.3% YoY to $12.9M in Q1 FY27.
- Adjusted EBITDA improved 18.9% YoY to a loss of $9.3M in Q1 FY27.
- First Day® Complete program to reach over 1.43M students in Fall 2026, a 26% increase.
- Total debt reduced to $123.5M at end of Q1 FY27 from $170.0M in prior year.
- Company reiterates FY27 outlook, targeting Adjusted EBITDA of $85M-$92M.
Price Impact
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