Barnes & Noble Education Inc

Noticias y eventos de Barnes & Noble Education Inc (BNED)

$12.950

-0.197 (-1.52%)Al cierre

Noticias de BNED

Eventos de BNED

9/8 20:00

Markets Decline as U.S.-Iran Tensions Rise, S&P 500 Down 0.4%

Markets returned from the extended holiday weekend to familiar macro-oriented concerns - the continued escalation of tensions between U.S. and Iran in the Middle East propping up energy prices while also elevating inflation expectations that are contributing to higher interest rates.   Major indices were down across the board, with Dow Jones Industrials - where Energy is a relatively smaller and Healthcare is a relatively larger contributor vs. S&P 500 - having an outsized 600 point, or 1.2% decline.  S&P 500 - where Energy was the best performing sector and Healthcare was the worst - was predictably down by a much smaller margin of 0.4%, though the index was also boosted by AI capex-specific areas.  The eight best performing stocks in the S&P 500 today, including Lumentum, Intel, and Seagateare all in the AI buildout momentum space.In the opening hour of the evening session index futures are flat, though sentiment is fragile as steady headlines profiling U.S.-Iran hostilities are impacting the oil markets.  WTI crude oil has extended its gains above $94 per barrel, a multi-month high. Precious metals are also under pressure despite USD retreat, with traders likely scaling out of last months' winning trades in preparation for CPI and PPI data this week, which could solidify expectations of a Fed tightening later this month.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -InnovAge Holdingup 9.4%ALSO HIGHER -Chime Financialup 9.2% after acquisition of Stride Bank and raised guidanceDOWN AFTER EARNINGS -ServiceTitandown 20.3%MIND Technologydown 12.9%Brazedown 12.0%Casey's General Storesdown 8.5%Barnes & Noble Educationdown 1.9%ALSO LOWER -Evommunedown 15.1% after EV0756 trial did not meet primary and secondary endpointsTarget Hospitalitydown 6.9% after equity offeringIngram Microdown 5.6% after equity offering

9/8 16:30

Company Reiterates Fiscal 2027 Outlook, Targets Adjusted EBITDA of $85M to $92M

The company said, "Based on its first-quarter performance and current expectations, the Company is reiterating its prior fiscal 2027 outlook. The Company expects continued growth in revenues and is focused on driving operating leverage with disciplined expense management. The Company is targeting Adjusted EBITDA in the range of $85 million to $92 million and anticipates further significant improvements in net income profitability. The Company also sees opportunities to drive better capital efficiency, which should contribute to additional reductions in debt and interest expense. The Company anticipates approximately $20 million in capital expenditures and should be a normal cash taxpayer in fiscal 2027."

9/8 16:30

Q1 Revenue at $290.6M, Below Consensus

Reports Q1 revenue $290.6M, consensus $306.66M. "We began fiscal 2027 on plan, with continued momentum across the business and year-over-year improvement across each of our key operating and financial measures," commented Jonathan Shar, CEO. "These results reflect the continued progress of our strategy and the disciplined execution of our teams."

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