BARNES & NOBLE EDUCATION, INC. (NYSE:BNED) Files An 8-K Regulation FD DisclosureItem 7.01.
Regulation FD Disclosure.
Barnes & Noble Education, Inc. (the “Company”) is providing supplemental historical pro forma quarterly and fiscal year 2017 information for its subsidiary, MBS Textbook Exchange, LLC, acquired by the Company on February 27, 2017 (the “Acquisition”). The supplemental information is contained in the investor presentation attached hereto as Exhibit 99.1 and may be found on the Company’s investor relations website at www.investor.bned.com (the "Investor Presentation").
On May 8, 2017, the Company filed a Form 8-K/A with the SEC to provide unaudited pro forma condensed combined financial information to illustrate the effect of the Acquisition (the “Pro-Forma 8-K/A”). The unaudited pro forma condensed combined statement of operations were provided for the 39 weeks ended January 28, 2017 and were based on the historical consolidated results of operations of the Company and MBS, giving effect to the Acquisition as if it occurred on May 1, 2016.
The information provided in the Investor Presentation provides supplemental historical unaudited pro forma quarterly and fiscal year 2017 information for MBS and the Company’s consolidated results of operations. The information provided in the Investor Presentation should be read in conjunction with the unaudited pro forma condensed combined financial statements and accompanying notes to the unaudited pro forma condensed combined financial statements contained in the Pro-Forma 8-K/A.
The Investor Presentation also includes the Company’s Adjusted EBITDA guidance for the Company’s fiscal year 2018.
The Investor Presentation shall not be considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Exchange Act, unless the Company expressly sets forth in such future filings that such information is to be considered “filed” or incorporated by reference therein.
Item 9.01.Financial Statements and Exhibits.
(d)Exhibits
The following exhibits are filed as a part of this Current Report:
Barnes & Noble Education, Inc. ExhibitEX-99.1 2 ex991bnedfinancialsupple.htm EXHIBIT 99.1 INVESTOR SUPPLEMENT ex991bnedfinancialsupple Barnes & Noble Education,…To view the full exhibit click here
About BARNES & NOBLE EDUCATION, INC. (NYSE:BNED)
Barnes & Noble Education, Inc. is a contract operator of bookstores on college and university campuses across the United States and a provider of digital education services. The Company offers a support system, and a retail and digital learning experience for students. Through its subsidiary, Barnes & Noble College Booksellers, LLC, the Company operates approximately 750 campus bookstores and the school-branded e-commerce sites for each store, serving over five million college students and their faculty. The Company offers a set of products and services to help students, faculty and administrators achieve their shared educational and social goals. Its suite of product offerings includes Textbook and Course Material Sales, Textbook and Course Material Rentals, General Merchandise, Trade, Digital Education and Brand Partnerships. The Company also offers other merchandise, such as laptops and other technology products, notebooks, backpacks, school and dormitory supplies and related items.
