https://www.barrons.com/articles/barnes-noble-education-stock-reverse-split-7f6de8c4
hey JS it’s time to go
you have driven the company to a dead end road please stop driving
Thoughts about fall semester…
Will we still be in business?
Barnes & Noble Bookstores and Starbucks on Campus: Things of the Past or New Spaces for Democracy?
"Barnes & Noble college bookstores have done a few things over the years to get students to come in and buy, teaming up with Starbucks and selling overpriced merchandise. And they have been cost cutting. Wages at Barnes and Noble stores are low and... — read more
Barnes & Noble Shareholders Vote
https://www.sec.gov/ix?doc=/Archives/edgar/data/1634117/000163411723000068/bned-20231005.htm
Unionizing efforts
Missed this one... https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/92306-rutgers-university-s-barnes-noble-college-booksellers-unionize.html
Price getting close to delisting numbers. Earnings Call.
https://seekingalpha.com/symbol/BNED https://seekingalpha.com/article/4633398-barnes-and-noble-education-inc-bned-q1-2024-earnings-call-transcript
Barnes & Noble "streamlining" and cost cutting
"We are operating with urgency and decisive action to accelerate market adoption of the FDC model. We’re streamlining the company structure and we’re taking costs out to allocate capital to our highest priority businesses. We have a clear path... — read more
So when does Amazon pick up the pieces?
Shareholder equity: ..$468 million ..$451 million ..$418 million ..$293 million ..$228 million Today...$177 million
Barnes & Noble Earnings Call
A net loss of $43 million in the last quarter. How long can B&N do this? https://seekingalpha.com/article/4538182-barnes-and-noble-education-inc-bned-q1-2023-earnings-call-transcript https://seekingalpha.com/filing/6689808
Another bloodbath expected
"The consensus EPS Estimate is -$0.57 (+33.7% Y/Y)" https://seekingalpha.com/news/3877972-barnes-and-noble-education-q1-earnings-preview
BNED and College Meltdown 2.0
"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... — read more
Still in business?
How long can BNED stay in business? Months and years in over/under.. https://finance.yahoo.com/quote/BNED/
Reorg?
According to the guy visiting from India he is here for 2 weeks for the upcoming reorg. Coworker took the lift with him today morning and he was not shy about his reasons for being in the states.
Morgan Stanley (we're here to help)
BASKING RIDGE, N.J.–(BUSINESS WIRE)– Barnes & Noble Education, Inc. (BNED), a leading solutions provider for the education industry, today announced that its Board of Directors has retained Morgan Stanley & Co. to serve as its financial advisor in... — read more
Finance teams constant trickle out the door
lots are leaving. all of them have the same story about working for her being impossible. go figure.
bartleby
I’m hearing April will be a rough month for these folks. Bumpy road.
bnc asking employees to write a check to pay bnc. hahaha!
i was overpaid b/c of someone elses mistake. probably this new garbage payroll system. my SM told me i need to write a check to the company for their mistake. sad. anyone else get this?