Barnes & Noble Education Is Not Providing Formal Guidance, But Management's Budget Goals Target A Material Improvement In Fiscal Year 2025 GAAP Operating Results And Adjusted EBITDA Versus Last Year.
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education is not offering formal guidance but aims for significant improvement in GAAP operating results and adjusted EBITDA for fiscal year 2025 compared to the previous year.
September 10, 2024 | 8:34 pm
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Barnes & Noble Education is focusing on improving its financial performance in fiscal year 2025, targeting better GAAP operating results and adjusted EBITDA compared to last year, despite not providing formal guidance.
The company's management is setting budget goals for a material improvement in financial metrics, which indicates a positive outlook and potential growth. This can lead to increased investor confidence and a positive short-term impact on the stock price.
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