Sep. 10 at 2:52 PM
$BNED Maybe it is just me but when something gets worked down from
$12.25 to
$10.83 on a report that everything was better than last year, in a quarter where they do the least amount of business all year, I am positive....and they are currently in the quarter that they have been eyeing for the turnaround for 2 years.
The Company delivered year-over-year improvement across operating and financial measures, including revenue, comparable store sales, BNC First Day® revenue, net income (loss), and Adjusted EBITDA
Gross comparable store sales increased by
$10.7 million, or 3.7%, year-over-year.
Revenue from BNC First Day® programs increased by
$10.3 million, or 9.0%, year-over-year to
$124.7 million.
Net loss for the first quarter of fiscal 2027 was
$12.9 million, a 29.3% improvement compared to a net loss of
$18.3 million in the prior-year
Total debt at the end of the first quarter of fiscal 2027 was
$123.5 million, compared with
$170.0 million at the end of the first quarter 2025
$IMMR
