Barnes & Noble Education, Inc. (NYSE: BNED) has filed its Annual Report on Form 10-K, detailing its restatement of prior results and financial results through the fiscal year ended May 3, 2025.
The company reported a full-year revenue of $1.6 billion in fiscal 2025, with notable increases in revenue from BNC First Day programs.
BNED's net debt decreased by $91.8 million year-over-year, showing a positive financial trend.
Revenue Growth
Full-year revenue in fiscal 2025 increased by $43.0 million, or 2.7%, over the previous year.
Debt Reduction
Total net debt at the end of fiscal 2025 was $94.0 million, representing a significant $91.8 million decrease from the previous year.
Operational Performance
Adjusted EBITDA for fiscal 2025 was $59.4 million, marking a substantial increase from the prior fiscal year.
- The company's strong revenue and debt reduction indicate improved financial stability and strategic management.
- The growth in revenue from BNC First Day programs highlights the success of BNED's initiatives in the education industry.
Barnes & Noble Education's fiscal 2025 results reflect a positive trajectory with revenue growth and effective debt management. The company's focus on operational excellence and growth strategies positions it well for future success in the education sector.