Barnes & Noble Education (BNED) Revenue — Quarter Ended Apr 27, 2024
Revenue declined in the quarter. The decrease was sharp compared to the prior quarter and modest compared to the same quarter one year earlier.
Key takeaway
Quarter ended Apr 27, 2024 · FY2024 FY
Revenue declined in the quarter. The decrease was sharp compared to the prior quarter and modest compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$235.9M
Revenue reported for this quarter.
Quarter-over-quarter
-43.2%
Change from the immediately preceding quarter.
Year-over-year
-2.4%
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 |
|---|---|---|
| Jul 29, 2023 | $252.7M | -0.8% |
| Oct 28, 2023 | $569.7M | -6.4% |
| Jan 27, 2024 | $415.4M | -5.2% |
| Apr 27, 2024 | $235.9M | -2.4% |
Revenue performance
The quarter's revenue was lower than both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
The sequential decline was substantially larger than the year-over-year decline.
What to watch
The sharp sequential drop in revenue merits monitoring.