Barnes & Noble Education ( (BNED) ) has released a notification of late filing.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Barnes & Noble Education, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the fiscal year ending May 3, 2025. The delay is primarily due to an internal investigation into potential overstatements in the company’s accounts receivable balance, which may have been caused by a payment processing employee. The company is working diligently to complete the investigation and expects to file the report within the 15-day extension period allowed under Rule 12b-25. Despite the investigation, Barnes & Noble Education does not anticipate any significant impact on its total sales or cash and debt positions. The company is also reviewing its internal controls and expects to report at least one material weakness. The notification was signed by Jason Snagusky, the Chief Financial Officer, on July 18, 2025.
Spark’s Take on BNED Stock
According to Spark, TipRanks’ AI Analyst, BNED is a Neutral.
Barnes & Noble Education has significant financial challenges, with ongoing losses and high leverage being key concerns. While there are modest signs of improvement in revenue and equity, profitability and cash flow issues remain critical. Technical analysis indicates some market momentum, but valuation metrics highlight fundamental weaknesses. Strategic improvements are essential to enhance the company’s financial health and stock performance.
To see Spark’s full report on BNED stock, click here.
More about Barnes & Noble Education
Average Trading Volume: 354,838
Technical Sentiment Signal: Buy
Current Market Cap: $386.9M
For an in-depth examination of BNED stock, go to TipRanks’ Overview page.