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Good Start for HMH Trade
Sales in Houghton Mifflin Harcourt’s trade division rose 5% in the first quarter ended March 31, 2105 over the first quarter of 2014 and the loss was trimmed.
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Harlequin Purchase Drives HC Results
Third quarter sales and earnings at HarperCollins rose 14% and 6%, respectively. Excluding the Harlequin purchase, however, results were down.
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AAP Revises January Trade Sales
Due to some reporting problems with the January data in the trade segment, the AAP has issued revised sales for the adult and children’s/young adult categories.
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Industry Stocks: April Performances
The Publishers Weekly Stock Index rose 5.8% in April with the gains due almost entirely to Amazon.
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Mixed January for Trade Sales
Sales of adult trade books rose 0.6% in January 2015, compared to January 2014, according to AAP’s StatShot program. Meanwhile, sales of children’s/young adult books slipped 1.6%.
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Juvenile Book Sales Plummet
With no new hits, sales of juvenile fiction print books fell 46% last week compared to the same week in 2014, while sales of juvenile nonfiction dropped 39%.
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Amazon Has First Quarter Net Loss
Amazon had a first quarter net loss of $57 million, despite a 15% sales increase, to $22.72 billion.
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Book, Magazine Sales Dipped at BAM
The sale of books and magazines fell by about $3 million in 2014 compared to 2013 at Books-A-Million, the retailer disclosed in its recently filed 10-K report.
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February Bookstore Sales Dropped 2.2%
According to preliminary estimates released by the U.S. Census Bureau, bookstore sales fell 2.2% in February compared to February 2014, dropping to $716 million.
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Print Units Rose 3% in the First Quarter
Unit sales of print books rose 3% in the quarter ended April 5, 2015, compared to the first quarter of 2014, at outlets that report to Nielsen BookScan.
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McGraw-Hill Global Education Posts Small 2014 Profit
McGraw-Hill Global Education had net income of $3.8 million last year compared to a loss of $89.4 million in 2013. Sales rose 4%.
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Canadian Book Sales Dipped in 2014
Print book sales in Canada last year remained even at 52 million total units, but the total dollar value was down by about C$16 million to C$934 million compared to 2013, according to a new report from BookNet Canada.
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Industry Stocks: March Performances
After the stock prices of all 13 companies on the Publishers Weekly Stock Index rose in February, there was much more of a split verdict in March, when prices rose at seven companies but fell at six.
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Deals Drove Growth at Penguin Random House
Total revenue at Penguin Random House rose 25.2% in 2014 to 3.32 billion euros, while EBITDA increased 24.5% to 452 million euros.
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BAM Posts 2014 Profit on 0.8% Sales Gain
With comp store sales up 0.4% in the year, total revenue at Books-A-Million rose 0.8% over the previous year.
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Charges Lead to Loss at Scholastic; Sales Up
Revenue at Scholastic rose 2% in the third quarter, but a number of one-time charges led to a net loss of $22.1 million compared to a loss of $12.1 million in last year’s third quarter.
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Profits Rose at Quarto
Adjusted operating profit at the Quarto Group increased 10% in 2014, rising to $15.4 million from $14.0 million in 2013.
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Industry Sales Rose 4.9% in 2014
Total revenue for the 1,209 publishers who submit figures to the AAP’s StatShot program rose 4.9% in 2014. The increase was led by the children’s/young adult segment, while sales of adult books fell.
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Regnery Purchase Boosts Salem Media
Revenue in the publishing division of Salem Media Group more than doubled in 2014, to $26.8 million, thanks, in large part, to the 2014 acquisition of Eagle Publishing, parent company of Regnery Publishing.
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Profits Fell 12% at Lagardere Publishing in 2014
Profits at Lagardere Publishing, parent company of Hachette Book Group, fell to 197 million euros in 2014 from 223 million euros in 2013.
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