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Woodward, Gorman Boosted Book Sales Last Week
Led by new books by Bob Woodward and Amanda Gorman, unit sales of print books rose 3.2% last week over the week ended September 26, 2020 at outlets that report to BookScan.
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Scholastic Has Good Start to Fiscal 2022—with a Caveat
Scholastic reported higher sales and a smaller loss in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021, and while it said business is improving, it did point to some “headwinds” which all publishers are facing: rising costs and disruptions in the supply chain.
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Wiley Has Solid Start to Fiscal 2022
Sales at John Wiley rose 13% in the first quarter of fiscal 2022, while operating profits jumped 36%.
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B&NE Post Gains in Q1 of Fiscal 2022
The reopening of most campus stores and higher sales of digital products lifted revenue at Barnes & Noble Education 17.6% in the first quarter ended July 31, 2021, over the comparable period a year ago.
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First Half Profits Soared at Penguin Random House
Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion.
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Booktopia Sales Rose 35% in Fiscal 2021
Australian online book retailer Booktopia Group reported a 35% increase in revenue in the fiscal year ended June 30, 2021 over fiscal 2020 with sales of A$223.9 million.
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Publishing Sales Jump 18.1% in First Six Months of 2021
With all segments posting increases, sales rose 18.1% in the first half of 2021 over the comparable period in 2020 for publishers who report results to the AAP.
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Sourcebooks Net Revenue Jumped 48% in First Half of 2021
New partners, new initiatives, new staff, and new readers all contributed to a 48% increase in net revenue at Sourcebooks in the first six months of 2021 over what was already a record first six months in 2020, according to publisher and CEO Dominique Raccah.
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Regnery Has Strong Second Quarter
Salem Media said that sales in its publishing group rose 69% in the second quarter, to $6.6 million, with book sales up $2 million at Regnery Publishing.
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With Another Big Year, HarperCollins Sales Near $2 Billion
Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year.
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S&S Posts Gains in Q2
Strong sales of adult books and another big gain in its international operations led to a “robust, healthy” second quarter at Simon & Schuster, company CEO Jonathan Karp told 'PW.'
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Quarto Posts a Profit in First Half of 2021
Following what it acknowledged was a soft first half of 2020, sales at Quarto Group increased 21% in the first six months of 2021. The publisher had a profit of $4 million compared to a loss of $1.8 million in the first half of 2020.
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Amazon Sales Only Rose 27% in Q2
Second-quarter revenue increased by 27% at Amazon over last year's second period, as business began to return to more normal buying trends following months of pandemic-fueled shopping.
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HBG Up 14.8% in First Half of 2021
Revenue at Hachette Book Group increased 14.8% over the first half of 2020, while sales at parent Lagardère Publishing jumped 16.4%, and profits soared.
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Scholastic Sees Growth Ahead in Fiscal 2022
A plunge in book fair revenue led to a 12.5% decline in sales at Scholastic in the fiscal year ended May 31, 2021, but the publisher forecast "significant growth" in 2022 revenue and an improved bottom line.
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Print Book Sales Could Grow by 2% This Year—Or by 8%
In a presentation on July 21, NPD BookScan said that, based on current trends, unit sales of print books are likely to finish 2021 with a gain over 2020. How high that gain will be depends on several factors, including the future course of the pandemic.
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May Publishing Sales Rose 11.1%
Led by sales of K-12 materials, sales of all publishers that report to AAP rose 11.1% in May over last year. Sales of adult books increased 10% in the month, and children's/YA sales were up 7.3%.
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Q1 Profits Jumped at EDC
Profits for the first quarter ended May 31, 2021, rose 79% at Educational Development Corp. Sales increased 6.5%, to $40.8 million.
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Book Biz Stocks Soar Sky High
The Publishers Weekly Stock Index saw a 37.1% jump in the first half of 2021.
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Publishing Sales Soared in April
Led by huge gains in the educational categories, sales of publishers reporting results to the AAP jumped 43.7% in April over April 2020. Last April was one of the sales low points during the pandemic.
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