Barnes & Noble Education vs Sportsman's Warehouse Holdings
Barnes & Noble Education is the larger business, with $1.71bn of revenue in fiscal 2026 against $1.21bn for Sportsman's Warehouse Holdings (1.4 times as much). Barnes & Noble Education grew faster (6.5% against 1.0%). Barnes & Noble Education kept more of each dollar of sales as profit: a net margin of 1.0% against -4.1%.
| Latest fiscal year | Barnes & Noble EducationBNED, 2026 | Sportsman's Warehouse HoldingsSPWH, 2026 |
|---|---|---|
| Revenue | $1.71bn | $1.21bn |
| Revenue growth | 6.5% | 1.0% |
| Net income | $16.9m | −$50.1m |
| Operating margin | — | -3.1% |
| Net margin | 1.0% | -4.1% |
| Return on equity | 6.0% | -23.6% |
| Free cash flow | $33.9m | $8.9m |
| Cash | $8.4m | $1.7m |
| Total debt | $71.0m | $44.2m |
| Debt to equity | — | 23.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | — | — |
| Market value | $434m | $44.2m |
| Price vs our value range | — | Below our value range |
| Moat score | 28 (Weak) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 11 sales | 0 buys, 0 sales |