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AAP Monthly StatShot: March
The 1,361 publishers who report to the AAP’s StatShot program saw a 8.4% decline in sales in March compared to a year ago.
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Boosted by Hunger Games Prequel, Unit Sales Rose 5.5% Last Week
Led by 'The Ballad of Songbirds and Snakes,' Suzanne Collins’ prequel to her blockbuster Hunger Games series, unit sales of print books rose 5.5% last week over the week ended May 16 at outlets that report to NPD BookScan.
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EDC on Track for Record First Quarter
After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million.
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Bloomsbury Hoping Digital Gains Will Soften Covid-19 Impacts
Bloomsbury Publishing reported a 10% profit increase in the fiscal year ended February 29, 2020, over fiscal 2019. The publisher said its business in the current fiscal year has suffered "significant disruption" because of the coronavirus pandemic, but said it is "well placed to benefit from increased demand for our digital resources, audio, and e-books.”
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Publisher Sales Fell 8.4% in March
Industry sales fell 8.4% in March compared to a year ago at publishers that report to AAP's StatShot program. Sales in the trade segments has small increases in the month, but sales in all other categories declined.
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With a Booming April, EDC Repays PPP Loan
With sales increasing 160% last month over April 2019 in its direct sales division, Educational Development Corp. has repaid a $1.4 million loan it received under the Payroll Protection Program.
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Book Revenue Fell 21% in Q1 at LSC
Revenue in LSC Communications’ book group dropped 21.4% in the first quarter ended March 31, 2020, falling to $204 million. Lower demand for educational materials offset an increase in its trade business, the printer, which filed Chapter 11 in April, reported.
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Sales Fell, Earnings Rose in Q3 at HarperCollins
A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%.
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Sales of Print Units Rose 10.9% Last Week
Strong sales in the adult nonfiction segment helped to drive up unit sales of print books by 10.9% last week at outlets that report to NPD BookScan.
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Digital Sales Buoy Simon & Schuster
First quarter sales rose 4% at Simon & Schuster over last year's first period, led by gains in digital audio and e-books, but the outlook for rest of 2020 is uncertain.
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HMH Hoping for a Second Half Rally
Total sales at Houghton Mifflin Harcourt fell only 2.4% in the first quarter of 2020 compared to a year ago, but the publisher said it expects its business to be "severely impacted" by the Covid-19 pandemic in the second quarter.
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AAP Monthly StatShot: February
Publishing industry sales rose 3.5% in the first two months of 2020 over the same period in 2019, according to data supplied to the AAP by 1,361 publishers for the organization’s StatShot report.
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In Q1, Sales Rose 26% at Amazon as It Works to Improve Shipping Times
Sales increased to $75.5 billion in the first quarter at Amazon, even as it acknowledged that the surge in demand forced it to prioritize essential items such as household staples and "dampened demand" for non-essential products.
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Coronavirus Puts Abrupt End to Good Start for Lagardère Publishing
In the first two months of 2020, sales in Lagardère's worldwide publishing group were up 5.3% over the comparable period in 2019, but fell 19% in March. For April, Lagardère said it expects global publishing sales to be down 45% from April 2019.
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Print Unit Sales Rose 10.1% Last Week
Unit sales of print books rose 10.1% last week compared to the week ended April 18 at outlets that report to NPD BookScan. Gains in the adult categories offset a quiet week for sales in the juvenile segments.
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Industry Sales Up 3.5% in First Two Months of 2020
Publishing industry sales had a nice start to the year, rising 3.5% through February, according to AAP's StatShot program. Sales of adult books were up 2.9%, and sales in the children/young adult segment rose 6.3%.
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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain
The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said.
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Print Unit Sales Down 3.5% Through April 18
Unit sales of print books fell 3.5% through April 18, 2020 compared to the same period a year ago at outlets that report to NPD BookScan. Sales of juvenile nonfiction sales were up 21.7% in the period over 2019, somewhat offsetting declines in both adult fiction and nonfiction.
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Print Unit Sales Up 2.9% in Early April
Strong gains in the juvenile categories offset weakness in the adult categories in the week ended Apr. 11, 2020, resulting in a 2.9% increase in print unit sales over the comparable week in 2019 at outlets that report to NPD BookScan.
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