Barnes & Noble disclosed in a filing on July 18, 2025, with the U.S. Securities and Exchange Commission that its annual report for the fiscal year ended May 3, 2025 will be delayed due to an ongoing investigation regarding how the costs of digital sales were recorded. The investigation's early findings indicate that Barnes & Noble may have overstate accounts receivable by up to $23 million, and that the Company expects to report at least one material weakness tied to manual journal entries.
Following this news, Barnes & Noble's stock price fell over 21% on July 21, 2025.
To receive more information, please fill out the form.
