Barnes & Noble Education (Barnes & Noble Education) Gross Margin % : 21.91% (As of Jan. 2024)

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What is Barnes & Noble Education Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Barnes & Noble Education's Gross Profit for the three months ended in Jan. 2024 was $100 Mil. Barnes & Noble Education's Revenue for the three months ended in Jan. 2024 was $457 Mil. Therefore, Barnes & Noble Education's Gross Margin % for the quarter that ended in Jan. 2024 was 21.91%.

Warning Sign:

Barnes & Noble Education Inc gross margin has been in long-term decline. The average rate of decline per year is -3.7%.

The historical rank and industry rank for Barnes & Noble Education's Gross Margin % or its related term are showing as below:

BNED' s Gross Margin % Range Over the Past 10 Years
Min: 16.38 Med: 24.74 Max: 25.94
Current: 21.94

During the past 12 years, the highest Gross Margin % of Barnes & Noble Education was 25.94%. The lowest was 16.38%. And the median was 24.74%.

BNED's Gross Margin % is ranked worse than
77.17% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs BNED: 21.94

Barnes & Noble Education had a gross margin of 21.91% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Barnes & Noble Education was -3.70% per year.

Barnes & Noble Education Gross Margin % Historical Data

The historical data trend for Barnes & Noble Education's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Barnes & Noble Education Gross Margin % Chart

Barnes & Noble Education Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross Margin %

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25.94

23.91

16.38

22.92

22.64

Barnes & Noble Education Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															22.15	24.10	19.17	22.32	21.91

Competitive Comparison of Barnes & Noble Education's Gross Margin %

For the Specialty Retail subindustry, Barnes & Noble Education's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barnes & Noble Education's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble Education's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Barnes & Noble Education's Gross Margin % falls into.

Barnes & Noble Education Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Barnes & Noble Education's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )	=	Gross Profit (A: Apr. 2023 )	/	Revenue (A: Apr. 2023 )
	=	349.4	/	1543.208
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1543.208 - 1193.769)	/	1543.208
	=	22.64 %

Barnes & Noble Education's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	100	/	456.673
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(456.673 - 356.637)	/	456.673
	=	21.91 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Barnes & Noble Education (NYSE:BNED) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Barnes & Noble Education had a gross margin of 21.91% for the quarter that ended in Jan. 2024 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Barnes & Noble Education Gross Margin % Related Terms

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Barnes & Noble Education (Barnes & Noble Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Barnes & Noble Education Inc (NYSE:BNED) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

2BN:Germany 2BN:Germany

Address

120 Mountain View Boulevard, Basking Ridge, NJ, USA, 07920

Website

https://www.bned.com

Barnes & Noble Education Inc is an operator of bookstores in college and university campuses across the United States. The company is also engaged in providing digital education services. It operates in three reportable segments: Retail, wholesale, and Corporate Services.

Executives

Kevin Watson	officer: EVP, CFO	1111 STEWART AVENUE, BETHPAGE NY 11714
Raphael Wallander	director	3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Steven G Panagos	director	C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael Huseby	director	12405 POWERSCOURT DR, C/O CHARTER COMMUNICATIONS, ST LOUIS MO 63131
Denise Warren	director	209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Mario R. Dell'aera	director	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAINVIEW BLVD., BASKING RIDGE NJ 07920
Kathryn Eberle Walker	director	1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Zachary Levenick	other: See Explanation of Responses	840 SOUTH GRAND AVENUE, PASADENA CA 91105
David G Golden	director	C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Miller Michael Connolly	officer: CLO & VP Corp Affairs	C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Nenke David W. B.	officer: Pres, DSS	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
David A Wilson	director
David Gordon Henderson	officer: Pres, MBS; EVP, Strat Services	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
Seema Paul	officer: Chief Accounting Officer	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Jonathan Shar	officer: EVP, Retail & Client Solutions	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920