Jonathan Shar
Chief Executive Officer

Good morning, everyone, and thank you for joining us. I'm Jonathan Shar, CEO of Barnes & Noble Education. On behalf of the entire leadership team, we're excited to welcome you to our Investor Day live from the New York Stock Exchange. During the course of today's discussion, we'll provide a deeper look into our business, the transformation underway across BNED, the opportunities we see ahead and how we're positioning the company to drive long-term shareholder value.

You'll hear directly from the leaders responsible for executing our strategy. Before we begin, I'd also like to recognize the thousands of BNED employees and our campus partners across the country. Their commitment to serving students, faculty and institutions is what makes our success possible and has positioned the company for the progress we'll discuss today. Our goal today is simple, to help you better understand why we believe BNED is uniquely positioned at the intersection of higher education, digital learning, omnichannel retail, affordability and student success and why that position creates meaningful opportunities for long-term growth and shareholder value creation.

Before we begin, I'll briefly note that today's presentation includes forward-looking statements and references to non-GAAP financial measures. Please review the disclosures contained in this presentation and our SEC filings for additional information regarding risks and assumptions. With that, let's get started.

I'd like to begin with who we are, what we've become and why we believe our position within higher education is stronger today than at any point in our history. I'd also like to introduce the leadership team joining me today: Jason Snagusky, our Chief Financial Officer; Celeste Risimini-Johnson, our