Barnes & Noble Education, Inc. (BNED) Q1 2023 Earnings Call Transcript

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Q1: 2022-08-31 Earnings Summary

EPS of -$101.00 misses by $43.50
 | Revenue of $263.86M (9.58% Y/Y) beats by $13.01M

Barnes & Noble Education, Inc. (NYSE:BNED) Q1 2023 Results Conference Call August 31, 2022 8:30 AM ET

Company Participants

Andy Milevoj - VP, Corporate Finance & IR
Mike Huseby - CEO
Tom Donohue - CFO
Jonathan Shar - EVP, BNED Retail and President, Barnes & Noble College
David Henderson - President-MBS
David Nenke - President-DSS

Conference Call Participants

Ryan MacDonald - Needham & Co
Alex Fuhrman - Craig-Hallum Capital

Operator

Hello. Good morning, and welcome to the Barnes & Noble Education Earnings Call. At this time, for opening remarks and introductions, I would like to turn the call over to Andy Milevoj, Vice President, Corporate Finance and Investor Relations. Please go ahead.

Andy Milevoj

Good morning, and welcome to our fiscal 2023 first quarter earnings call. Joining us today are Mike Huseby, CEO; Tom Donohue, CFO; and Jonathan Shar, Executive Vice President, BNED Retail and President, Barnes & Noble College; David Henderson, President of MBS and David Nenke, President of DSS.

Before we begin the call, I'd like to remind you that the statements we make on today's call are covered by the safe harbor disclaimer contained in our press release and public documents. The contents of this call are the property of Barnes & Noble Education and are not for rebroadcast or use by any other party without prior written consent of Barnes & Noble Education.

During this call, we will make forward-looking statements with predictions, projections and other statements about future events. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties, including those contained in our press release and public filings with the Securities and Exchange Commission. The Company disclaims any obligation to update any forward-looking statements that may be made or discussed during this call.

And now, I'll turn the call

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