Brief: Barnes & Noble Education Reports Fourth Quarter And Fiscal Year 2022 Financial Results

Barnes & Noble Education

29/06/2022 12:05

June 29 (Reuters) - Barnes & Noble Education Inc  BNED.N :
    * BARNES & NOBLE EDUCATION REPORTS FOURTH QUARTER AND FISCAL
YEAR
2022 FINANCIAL RESULTS
    * Q4 SALES ROSE 17.1 PERCENT TO $260.8 MILLION
    * RETAIL SEGMENT GROSS COMPARABLE STORE SALES FOR QUARTER
INCREASED BY 32.6%, AS COMPARED TO A 6.9% DECLINE IN PRIOR YEAR
    * FOR FISCAL YEAR 2023, EXPECTS CONSOLIDATED NON-GAAP
ADJUSTED
EBITDA TO BE BETWEEN $30 MILLION TO $40 MILLION
    * CHALLENGES WITHIN ITS WHOLESALE BUSINESS, ARE EXPECTED TO
PERSIST IN FISCAL YEAR 2023
    * QTRLY LOSS PER COMMON SHARE DILUTED $0.21

Source text for Eikon:  ID:nBw9lKhv5a 
Further company coverage:  BNED.N 

 ((Reuters.Briefs@thomsonreuters.com;))