Barnes & Noble Education director Kate Eberle Walker to resign in December

Barnes & Noble Education, Inc. (NYSE:BNED) announced Friday that Kate Eberle Walker has notified the company of her decision to resign as a director and member of the Audit Committee, effective December 1, 2026. The company stated that her resignation follows her acceptance of a new role leading the US Higher Education business unit of Pearson, plc.

According to a press release statement included in the company’s SEC filing, the Corporate Governance and Nominating Committee is currently in the process of identifying a replacement for Ms. Eberle Walker on both the board and the Audit Committee.

Barnes & Noble Education is based in Florham Park, New Jersey, and its common stock is listed on the New York Stock Exchange under the symbol BNED. The company did not provide further details regarding the timeline for appointing a new director.

This information is based on a press release statement included in a recent SEC filing.

In other recent news, Barnes & Noble Education reported its first-quarter fiscal 2027 results, which showed a mixed performance. The company posted a narrower-than-expected loss of $0.37 per share, surpassing the analyst consensus estimate of a $0.49 loss. However, its revenue of $290.6 million fell short of the $307.06 million analysts had projected, although it marked a 0.8% increase from the same period last year. This revenue growth was mainly attributed to a 9.0% increase in BNC First Day® programs, reaching $124.7 million, despite some store closures. Comparable store sales also rose by 3.7% year-over-year.

Needham reiterated its Buy rating on Barnes & Noble Education with a price target of $16.00, following the company’s earnings report. The firm noted that the adjusted EBITDA exceeded expectations, even though the revenue came in below estimates. Barnes & Noble Education did not host an earnings call for this quarter and plans to hold one during its larger fiscal second quarter. These recent developments provide insight into the company’s current financial performance and strategic direction.