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  • EDC Second Quarter Sales Jump 85%

    Led by a 152% jump in sales in its home business division, total revenue at Educational Development Corp. rose 85% in the second quarter ended August 31, 2015 over last year’s second period.

  • Adult Trade Sales Up in Six Months, Kids Down

    Sales in the adult trade segment were up 3.1% in the first six months of 2015 over 2014, while sales of children’s/young adult books fell 12.3% in the same period, according to figures released by the Association of American Publishers StatShot program.

  • Industry Stocks: September 2015 Performances

    The Publishers Weekly Stock Index slipped 2.5% in September, a slightly worse performance than the Dow Jones Industrial Average, which dipped 1.5% in the month.

  • Lackluster First Quarter for Scholastic

    Revenue for the first quarter ended August 31 inched up 0.3%, to $191.2 million, over the first period of fiscal 2015 at Scholastic. The net loss increased to $49.4 million from $34.1 million a year ago.

  • Cairns Out, Montgomery Up at Publishing Technology

    Publishing Technology has announced that CEO Michael Cairns has stepped down, effective immediately after the Board projected a net loss for the year.

  • Sales Down, Losses Up at Barnes & Noble

    Total revenue at Barnes & Noble fell 1.5% in the first quarter ended August 1, 2015, to $1.2 billion, compared to last year’s first period and the net loss increased to $34.9 million from $28.4 million.

  • McGraw-Hill Education to Go Public

    McGraw-Hill Education confirmed Friday that it plans to go public, approximately three years after the private equity firm, the Apollo Group, acquired the educational publishing giant.

  • Monthly StatShot, May 2015

    May was a bad month for publishers, with sales down in most of the major categories compared to the same month last year.

  • Industry Stocks: August Performances

    Although only one of the 12 companies on the Publishers Weekly Stock Index saw an increase in its stock price in August, the PWSI managed to post a smaller loss than the Dow Jones Industrial Average.

  • EDC Has Record Revenue

    Revenue at Educational Development Corp. jumped 205% in August over August 2014, hitting just over $5 million.

  • May Sales Drop for Adult, Children's Books

    Trade sales in May saw some wild swings, according to AAP’s monthly StatShot program. In the adult books segment there was a decline of 5.0%, compared to the same month last year. Meanwhile, sales in children’s/young adult fell 9.3%.

  • First Half Results Rise at Penguin Random House

    Sales rose 16.2%, to 1.70 billion euros, and earnings increased 30.2% at Penguin Random House in the first half of 2015 over the same period in 2014.

  • July Sales Jump at EDC

    July sales at Educational Development Corp. jumped 74.7% over July 2015, hitting $4.3 million, the company reported.

  • Steinberger Details Perseus' Successful Fiscal 2015

    After the sale to the Hachette Book Group was called off last year, employees at the Perseus Books Group rallied to deliver record sales, CEO David Steinberger wrote in its annual letter.

  • Quarto 'On Track' in First Half of 2015

    Revenue at the Quarto Group rose from $65.6 million in the first half of 2014 to $66.2 million on the first six months of the current year, but its pre-tax loss increased to $1.9 million from $600,000 last year.

  • Harlequin Makes HC's Year

    Eleven months of results from Harlequin helped to offset the strong performance of Divergent in fiscal 2014 giving HarperCollins a 16% increase in revenue for the fiscal year ended June 30, 2015 over fiscal 2014 while EBITDA rose 12%.

  • Soft Second Quarter for Regnery

    Sales at its Regnery Publishing fell from $5.6 million in last year's second quarter to $4.5 million in the period ended June 30, 2015.

  • Monthly StatShot, April 2015

    Sales in the adult book segment rose 2.3% in April over April 2014, according to figures released by the AAP as part of its StatShot program.

  • Industry Stocks: July Performances

    The Publishers Weekly Stock Index jumped 14.2% in July with the gain due entirely to the phenomenal performance of Amazon’s shares which added more than $100 in the month.

  • Publishers Struggle With Flat Market

    Financial results released by three major trade publishers within the last 10 days reflect the challenges publishers are facing in a market that is seeing little, if any, top-line growth.

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