Barnes & Noble Education shares are trading lower after the company said fiscal 2023 did not meet its financial expectations, partially due to lower than expected Q4 revenue and lower Q4 gross profits.
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education reported that fiscal 2023 did not meet financial expectations, partially due to lower than expected Q4 revenue and lower Q4 gross profits.
June 01, 2023 | 4:15 pm
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Barnes & Noble Education shares are trading lower after the company reported disappointing fiscal 2023 results, with lower Q4 revenue and gross profits.
Barnes & Noble Education's lower than expected Q4 revenue and gross profits for fiscal 2023 indicate a weaker financial performance, which is likely to negatively impact the stock price in the short term.
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