-
Sales Up, Loss Cut in Q1 at Scholastic
Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter.
-
Sourcebooks Posts Double Digit Six Month Sales Gain
Unit sales rose 24% in the first six months of 2019 over the comparable period in 2018, while revenue increased 26% at Sourcebooks.
-
Open Road Revenue Up 36% in First Half of 2019
Open Road said revenue in the first six months of 2019 rose 36% over the comparable period in 2018, while earnings jumped 72%.
-
Sales Up, Earnings Down in Q1 at Wiley
Softness in John Wiley’s education publishing and professional learning group limited growth in the first quarter ended July 31, 2019, to 3%, and contributed to a 87% drop in operating income.
-
PRH Posts Double-Digit Gains in Sales, Earnings in First Half of '19
Driven by a number of acquisitions and hundreds of bestselling books, profits at Penguin Random House jumped 33.0% in the first half of 2019 over the comparable period in 2018 and revenue rose 11.3%.
-
Trade Sales Rose 3.8% in First Six Months
In the first half of 2019 sales of adult books rose 1.4% over the comparable period in 2018, while sales of children/YA books increased 7.4%, according to the AAP. Sales of religious presses, which AAP puts in the trade segment, rose 11.4%.
-
Quarto on Track in 2019
The Quarto Group accomplished its three major goals during the first six months of 2019: company revenue was stabilized, operating losses were cut, and debt was reduced to $65 million, from $73.2 million in the first half of 2018.
-
Regnery Sales Rose in Q2
Book sales rose by $400,000 in the second quarter of 2019 over the comparable period a year ago at Regnery Publishing, the publisher's parent company, Salem Media, reported. Sales for all of Salem's publishing division rose 3.7% in the period.
-
Profits Rise 6% at HarperCollins in Fiscal 2019
With all of its major divisions posting sales gains in fiscal 2019, HC saw earnings hit $253 million last year, from $239 in fiscal 2018. Sales were $1.75 billion.
-
S&S Posts Gains in Sales, Profits in Q2
Higher sales of print books and digital audiobooks drove revenue and profit gains in the first quarter of 2019 at Simon & Schuster, and the same scenario played out for the second quarter, as sales rose to $218 million and profits reached $33 million in the period.
-
LSC Sales Fell in Q2, Loss Deepened
LSC Communications reported that second quarter revenue fell 7.7%, to $869 million, and the company had a net loss of $24 million, compared to earnings of $8 million in the second quarter of 2018.
-
HMH Has Strong Sales in Q2
Revenue at Houghton Mifflin Harcourt Books & Media unit rose 8% over the second quarter of 2018, while revenue in its education division increased 9%.
-
Quad Posts Q2 Net loss on Lower Revenue
Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million.
-
Amazon Q2 Results: 20% Revenue Jump, Smaller Profit Increase
The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter.
-
Sales Dipped, Profits Rose in First Six Months at HBG
Revenue at Hachette Book Group fell 1.5% in the first half of 2019 compared to a year ago, but profits were up.
-
Scholastic's Earnings Take Big Hit in Fiscal 2019
Scholastic cited a host of factors for a 55% decline in operating income in the fiscal year ended May 31, 2019. Revenue rose 2% in the year.
-
EDC Has First Quarter Decline in Sales and Earnings
Total revenue at Educational Development Corp. dropped 8% in the first quarter of fiscal 2020, to $27.6 million, from the comparable period a year ago. Earnings, meanwhile, fell from $1.8 million a year ago to $1.3 million.
-
Audiobook Sales Jumped 24% in 2018
Publishers’ sales of audiobooks rose 24.5% in 2018 over 2019, reaching $940 million, according to the recent sales survey sponsored by the Audio Publishers Association. Digital audio accounted for 91% of sales.
-
Print Units Fell 1.9% in the First Half of 2019
With print unit sales of adult fiction falling 5.1% in the first half of 2019 compared to the same period in 2018, overall units dropped 1.9% in the period.
-
AAP: Adult Sales Dipped in April, Rose for Kids'
Sales of adult trade books fell 4.4% in April. Despite the decline, adult trade sales were up 0.5% over the first four months of 2018. In the children/young adult category, April sales increased 6.7% and were up 9.1% over the first four months of 2018.
Browse archive by date:
