Home / Restatements / Barnes & Noble Education, Inc.

5/5Barnes & Noble Education, Inc. (BNED): Non-reliance / restatement

Filed 2025-11-25 路 Form 8-K 路 Accession 0001634117-25-000025 small

Market data

Price before filing: $6.6 (2025-11-24 close, split/dividend-adjusted)
Market cap at flag: $314.2M (2025-11-25) 路 Latest: $447.2M (2026-10-16)

What happened next

WindowBNEDSPYvs SPY
30 days+44.4%+3.5%+40.9%2025-12-26
90 days+21.2%+2.3%+18.9%2026-02-23
180 days+45.9%+12.9%+33.0%2026-05-26

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As a result, and as previously reported, the Company's Board of Directors (the "Board") determined that the Company's previously-issued financial statements included in its Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the following periods, as well as its disclosures related to such financial statements, including any reports, earnings releases, and investor presentations, and related..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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