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Barnes & Noble College Announces Strategic Partnership with Syracuse University
GlobeNewswire News Room· 2024-11-12 13:30
BASKING RIDGE, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company, today announced it has entered into a partnership agreement with Syracuse University to manage all course materials, retail and e-commerce operations for the University’s Campus Store. Prior to the new partnership, the Campus Store and in-venue athletics retail were self-operated by the University. Barnes & Noble College will begin transitioning store operations in Nove ...
Barnes & Noble Education Reports Second Quarter Preliminary Fiscal Year 2025 Unaudited Financial Results
GlobeNewswire News Room· 2024-11-07 22:00
Core Insights - Barnes & Noble Education, Inc. (BNED) reported a significant increase in revenues for its First Day® Program, with an 18% year-over-year growth to $235 million [1] - The company anticipates a net income increase from continuing operations in the mid-70% to mid-90% range year-over-year for the second quarter [2][3] Financial Performance - The second quarter is crucial for BNED, coinciding with the Fall back-to-school period, and preliminary results indicate revenue is expected to be approximately flat year-over-year despite operating 109 fewer stores [2] - Net income for the quarter is projected to be in the mid to high $40 million range, reflecting a substantial increase compared to $24.854 million in the same quarter last year [4] - Adjusted EBITDA is expected to rise to the mid to high $60 million range, up from $51.080 million year-over-year [4] Strategic Initiatives - The CEO highlighted the positive preliminary results during the important Fall back-to-school period and the progress made in executing key strategic initiatives, including growth in affordable access programs and improved cost management [3] - The company plans to release final, unaudited financial results for the second quarter in early December 2024, providing more detailed financial tables and reconciliations of non-GAAP measures [3]
International Markets and Barnes Group (B): A Deep Dive for Investors
ZACKS· 2024-10-30 14:16
Have you evaluated the performance of Barnes Group's (B) international operations during the quarter that concluded in September 2024? Considering the extensive worldwide presence of this aerospace and industrial parts supplier, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financi ...
B2Gold Announces Appointment of Greg Barnes and Basie Maree to its Board of Directors
GlobeNewswire News Room· 2024-10-29 21:00
VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the appointment of Greg Barnes and Basie Maree to its Board of Directors (the “Board”), effective November 1, 2024. Following the appointments, the B2Gold Board will consist of ten members, nine of which are independent. Kelvin Dushnisky, Chair of the Board of B2Gold, commented, “On behalf of the Board and executive team, I am pleased to welc ...
Barnes (B) - 2024 Q3 - Quarterly Report
2024-10-29 18:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------|----------------------------------------------------------------------|- ...
Barnes Group's Q3 Earnings Miss Estimates, Sales Rise Y/Y
ZACKS· 2024-10-28 18:01
Barnes Group Inc. (B) reported adjusted earnings of 9 cents per share in third-quarter 2024, which missed the Zacks Consensus Estimate of 39 cents. The metric decreased 52% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Inside the HeadlinesTotal sales of $388 million beat the Zacks Consensus Estimate of $373 million. The top line increased 7% year over year, with organic sales growth of 4%.Barnes Group reports sales under two heads, namely Industrial and Aerospace. A ...
Barnes Group (B) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-25 14:35
Barnes Group (B) reported $387.79 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.4%. EPS of $0.09 for the same period compares to $0.19 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $372.66 million, representing a surprise of +4.06%. The company delivered an EPS surprise of -76.92%, with the consensus EPS estimate being $0.39. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...
Barnes Group (B) Q3 Earnings Miss Estimates
ZACKS· 2024-10-25 12:41
Barnes Group (B) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -76.92%. A quarter ago, it was expected that this aerospace and industrial parts supplier would post earnings of $0.39 per share when it actually produced earnings of $0.37, delivering a surprise of -5.13%.Over the last ...
Barnes (B) - 2024 Q3 - Quarterly Results
2024-10-25 10:47
Exhibit 99.1 Barnes 860.583.7070 | info@onebarnes.com onebarnes.com BARNES REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Strong Aerospace Aftermarket Drives Top-line Growth Comparisons are year-over-year unless noted otherwise Third Quarter 2024: • Sales of $388 million, up 7%; Organic Sales up 4% • Operating Margin of 10.8%; Adjusted Operating Margin of 12.3%, up 150 bps • Adjusted EBITDA Margin of 19.8%, up 140 bps • GAAP EPS of -$0.04; Adjusted EPS of $0.09, down 52% October 25, 2024 BRISTOL, Conn., - Bar ...
Barnes & Noble Education: Unlocking Potential Through First Day Programs
Seeking Alpha· 2024-10-22 06:34
Analyst’s Disclosure: I/we have a beneficial long position in the shares of IMMR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a parti ...