BNED
Barnes & Noble Education, Inc. (doing business as BNED, after its New York Stock Exchange ticker symbol) is one of the largest operators of college bookstores in the United States. As of the end of 2020, Barnes & Noble Education operated 760 campus bookstores and school-branded e-commerce sites through its Barnes & Noble College Booksellers division. The company is headquartered in Basking Ridge, New Jersey.
| Company type | Public |
|---|---|
Traded as | NYSE: BNED S&P 600 component |
| Predecessor | Corporate spin-off from Barnes & Noble, Inc. |
| Founded | August 3, 2015 |
| Headquarters | , United States |
Number of locations | 1,366 (2023) |
Key people | Michael P. Huseby (CEO, chairman) |
| Brands | Yuzu digital textbook platform |
| Revenue | US$1.54 billion (2023) |
| US$−66 million (2023) | |
Net income | US$−102 million (2023) |
| Total assets | US$980 million (2023) |
| Total equity | US$131 million (2023) |
Number of employees | 4,620 (2023) |
| Divisions |
|
| Website | www |
| Footnotes / references Financials as of April 29, 2023. | |
BNED was part of the Barnes & Noble national retail bookstore chain until 2015, when Barnes & Noble separated its higher-education operation from its retail trade stores and Nook brand ebook operation.
The company's main competitor in the management of on-campus college bookstores industry is Follett. It is not unusual for college campuses to replace their bookstore operators with their main rival after the current store management contracts expires.