Barnes & Noble Education Reports Second Quarter Fiscal Year 2020 Financial Results

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Barnes & Noble Education (BNED) Misses Q2 EPS by 21c, Revenues Miss

December 4, 2019 8:34 AM EST

Barnes & Noble Education (NYSE: BNED) reported Q2 EPS of $0.74, $0.21 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $772.2 million versus the consensus estimate of $773.79 million.

Our teams continued to execute on our strategic priorities in the first half of fiscal 2020. We succeeded in scaling our bartleby suite of services, enhancing and scaling our FirstDay platform, strengthening our general merchandise business and further growing our physical and... More