BNED revenue up 11.3% to $515.1M, but net income falls 62.9% to $6.7M amid material weaknesses

Filed March 10, 2026 · Period ending January 31, 2026 · Compared to 10-Q Mar 10, 2025 · ~1 min read

Key Changes

• high

  Net income fell 62.9% to $6.7M from $17.9M, while revenue rose 11.3% to $515.1M.

  MD&A verify on EDGAR →
• high

  Disclosure controls and procedures are ineffective due to material weaknesses in internal control over financial reporting.

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• high

  First Day sales grew 32.1% for the 13 weeks and 30.2% for the 39 weeks, accelerating from prior year.

  MD&A verify on EDGAR →