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November 30, 2021By Katy Hershberger

Returns to Campus Lift BNED Sales, But Not to Pre-Pandemic Levels

November 30, 2021By Katy Hershberger

Barnes & Noble Education’s second quarter earnings improved over last year, but still aren’t back to pre-pandemic levels (which were themselves on a declining trend — $772 million in 2019 and $815 million in 2018). On Tuesday morning, BNED reported results for their fiscal second quarter ending October 30, with sales of $627 million, compared to $595.5 million in last year’s quarter. Net income was $22.5 million, compared to $7.5 million last year. Retail sales increased by $32.4 million, or 5.6%, as compared to the prior year period, while comparable store sales were up 13.2 percent. General merchandise comparable sales […]

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Filed Under: Bookstores, Finance

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