Barnes & Noble Education Q1 net loss narrows 29% to $12.9 million; revenue up 0.8%
Barnes & Noble Education reported fiscal 2027 first-quarter results for the period ended August 1, 2026. Revenue rose 0.8% to $290.6 million and the net loss narrowed to $12.9 million from $18.3 million a year earlier, while the company reiterated its fiscal 2027 outlook, including an Adjusted EBITDA target of $85 million to $92 million.
Key points
- Revenue was $290.6 million, up $2.4 million or 0.8% year over year; BNC First Day revenue rose 9.0% to $124.7 million.
- Net loss was $12.9 million, an improvement of 29.3% from $18.3 million; Adjusted EBITDA was a loss of $9.3 million versus a loss of $11.5 million.
- First Day Complete will be offered at 263 campuses in fall 2026, reaching more than 1.43 million students, about 26% more than fall 2025.
- The company reiterated its fiscal 2027 outlook and targets Adjusted EBITDA of $85 million to $92 million; total debt was $123.5 million, down from $170.0 million a year earlier.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 08, 2026.
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