Barnes & Noble Education, Inc (BNED, Financial) saw significant stock movement, with its price rising by 5.05%. The current share price stands at $9.57, with a trading volume of 154,525 shares and a turnover rate of 0.59%, while the amplitude reached 4.28%.
Recent financial reports reveal that BNED achieved a revenue of $263 million but reported a net loss of $99.48 million, translating to an earnings per share (EPS) of -$7.36. The company's gross profit was $34.15 million, and it currently holds a price-to-earnings ratio of -0.78.
In terms of institutional ratings, the sole firm covering BNED has recommended holding, with no buy or sell suggestions given. Within the retail industry, where BNED operates, the sector recorded an overall gain of 0.82%. Other notable stocks in this sector include Evgo Inc and Container Store, which experienced notable increases, while stocks like Ptl Ltd. and Container Store showed high levels of trading activity.
BNED is recognized primarily for running campus bookstores across U.S. universities and offering digital educational services, operating in three segments: retail, wholesale, and digital student solutions. The retail segment is the largest contributor to its revenue.
