Barnes & Noble Education (BNED) Delivers Solid Q1 as First Day Complete Gains Steam
Barnes & Noble Education (BNED) reported Q1 FY27 revenue of $290.6M, up slightly from $288.2M in Q1 FY26, with gross comparable store sales rising 3.7%. First Day program revenue increased 9.0% to $124.7M. Debt reduced to $123.5M from $170M. Net loss narrowed to $12.9M from $18.3M. Management maintained full-year adjusted EBITDA guidance of $85M-$92M. The First Day Complete program will expand to 263 campuses in Fall 2026.





