Barnes & Noble Education (BNED) Revenue — Quarter Ended Jul 29, 2023
Revenue increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jul 29, 2023 · FY2024 Q1
Revenue increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$252.7M
Revenue reported for this quarter.
Quarter-over-quarter
+4.5%
Change from the immediately preceding quarter.
Year-over-year
-0.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 29, 2022 | $608.6M | -4.2% |
| Jan 28, 2023 | $438.1M | +8.8% |
| Apr 29, 2023 | $241.8M | -3.7% |
| Jul 29, 2023 | $252.7M | -0.8% |
Revenue performance
The reported revenue direction was upward from the prior quarter, reversing the sequential decline seen in the previous period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Versus the same quarter one year ago, revenue was lower.
What to watch
The year-over-year revenue decline persists despite the sequential improvement, warranting attention to the underlying trend.