Barnes & Noble Education, Inc. (BNED)

The stock price on October 24, 2025, was $9.46, with a 52-week high of $14.41 and a 52-week low of $7.90. Over the last 10 days leading up to October 27, 2025, the price declined in 5 days but was still up by 3.84% over the past two weeks. In July 2025, BNED disclosed a potential overstatement of up to $23.0 million in its accounts receivable balance, leading to a stock price drop. In August 2025, the company received a notice from the NYSE for non-compliance due to a delay in filing its Annual Report. In December 2024, Barnes & Noble Education reported a decrease in total revenue by 1.4% to $602.1 million, primarily due to a net decrease of 109 physical and virtual locations. However, gross comparable store sales increased by 3.8%, and net income from continuing operations improved by approximately $25 million, with Adjusted EBITDA growing by approximately $15 million to $66 million. Revenues from the First Day® programs also increased by about 18% year-over-year.

Barnes & Noble Education's business is highly seasonal, with the second fiscal quarter being the most significant due to the fall back-to-school period. Back-to-school shopping trends indicate that purchases are starting earlier, and there is a significant shift towards digital materials, necessitating that retailers adapt their strategies to capture early demand and cater to digital-first preferences.

Barnes & Noble Education, Inc. (BNED) is a leading solutions provider for the education industry, primarily serving colleges, universities, and K-12 institutions across the United States. The company operates in the Consumer Cyclical sector, managing campus bookstores and offering educational products and services, including the sale and rental of new and used textbooks, digital textbooks, and publisher-hosted digital courseware. BNED also provides ancillary products and services, operates the Yuzu digital textbook platform, and offers the "First Day® Complete" program, an inclusive access model. Additionally, the company's MBS Textbook Exchange division is a major textbook distributor, and it has launched "Campus to Career" to equip students with workplace transition tools.

Barnes & Noble Education, Inc. operates extensively across the United States, managing 1,366 locations, including campus bookstores and school-branded e-commerce sites as of 2023. Its headquarters are located in New Jersey, with a planned relocation from Basking Ridge to Florham Park scheduled for the fourth quarter of 2025. The company serves approximately 6 million students and faculty across over 1,400 institutions.

Barnes & Noble Education aims to elevate lives through education by providing innovative solutions and customer service. The company emphasizes student success through programs like First Day® Complete and focuses on data-driven insights and customized retail solutions. Events that could impact BNED's reputation are related to its financial reporting, including the disclosure of a potential overstatement in accounts receivable and the NYSE notice regarding a delayed annual report filing. It is important to distinguish Barnes & Noble Education, Inc. (BNED) from Barnes & Noble, Inc. (BKS), the retail bookstore chain from which BNED spun off in 2015.

Barnes & Noble Education, Inc. is a publicly traded company with ownership distributed among institutional shareholders (68.32%), insiders (842.86%), and retail investors. Major institutional owners include Immersion Corp, Kanen Wealth Management LLC, BlackRock, Inc., Greenhaven Road Investment Management, L.P., Vanguard Group Inc, Morgan Stanley, PHLOX - Philotimo Focused Growth and Income Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, JPMorgan Chase & Co, and 683 Capital Management, LLC. Key individual shareholders include Rory Wallace and Leonard Riggio. Michael Huseby, the company's Executive Chairman, also directly holds 1.0% of the total shares outstanding.