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AAP Monthly StatShot, October 2014
Led by gains in print formats, sales of adult trade books rose 10.9% in October over October 2013, according to figures released in AAP’s monthly StatShot program.
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Print Drives October Sales Gains
Led by strong gains in print formats, sales of adult trade books rose 10.9% in October over October 2013, while sales of children/young adult sales increased 16.5%, according to figures released in AAP’s monthly StatShot program.
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Industry Stocks Struggled in 2014
Despite another year of strong gains for the stock market, the Publishers Weekly Stock Index fell 13.6% in 2014 (relative to 2013), as only five of the 13 companies on the PWSI had an increase in their share price.
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Book Clubs Boost Scholastic in Q2
Led by a 14% increase in its children’s book publishing and distribution business, revenue at Scholastic rose 7% in the second quarter ended November 30, 2014 compared to the same period last year.
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Soft September for Adult Trade
Sales in the adult trade segment fell 11.8% in the month, compared to September 2013.
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Wiley Quarterly Results Up; Details Book Reorg
Revenue at John Wiley rose to $477 million in the second quarter ended October 31, 2014, from $449 million in the comparable period in 2013.
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Industry Stocks: November Performances
With the stock prices up at nine companies in the month, the Publishers Weekly Stock Index rose 6.5% in November.
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Units Rose 5% over Thanksgiving
Print unit sales rose 5% in the week ended November 30, 2014 compared to Thanksgiving week in 2013 at outlets that report to Nielsen BookScan.
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EDC Posts Record Sales Quarter
Revenue in the third quarter ended November 30, 2014 hit $10.9 million at Educational Development Corp., the highest quarterly sales ever recorded.
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Sales Rose 1% at Books-A-Million
Revenue at Books-A-Million rose 1.3%, to $101.2 million, compared to the third quarter last year, while the net loss stayed at $6.9 million.
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Perseus Caps Eventful Year with Strong Results
In the fiscal year ended September 30, the Perseus Books Group had strong financial results, CEO David Steinberger wrote to employees in his letter reviewing the last 12 months.
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FastPencil Hurts Courier's Earnings in Fiscal 2014
Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013.
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Trade Sales Rose in August
Sales of adult trade books rose 1.8% in August, over August 2013, while sales in the children’s/young adult category jumped 20.9%, according to the AAP’s monthly StatShot program.
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HBG Sales Fell 18% in Third Quarter
Third quarter sales at Hachette Book Group USA fell 18.5% in the period ended September 30, 2014 compared to the third quarter of 2013, parent company Lagardere reported.
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Stirring Things Up
HarperCollins and Simon & Schuster had a busy few days last week: the two companies announced their quarterly earnings, received words of encouragement from their corporate owners, and made changes in their Canadian operations.
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Industry Stocks: October Performances
Although stock prices rose at eight of the 13 companies listed on the Publishers Weekly Stock Index, the PWSI dropped 1.5% in October, while the Dow Jones Industrial Average rose 2%.
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Quarterly Earnings Flat at S&S, Sales Dropped 11%
Faced with a difficult comparison to last year's third quarter, sales at Simon & Schuster fell 11% in the third period ended September 30, 2014, compared to the same period last year.
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Sales Up, Earnings Down at HMH Trade
Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million.
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Harlequin, Divergent Drive HarperCollins
The purchase of Harlequin, combined with the continuing strong sales of the Divergent series, resulted in a 24% sales increase at HarperCollins in the first quarter of fiscal 2015, which ended September 30.
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Quarterly Sales Inched Up at Quarto
The company reported that third quarter revenue for the period ended September 30, 2014, rose to $54.5 million, from $54.2 million in the comparable quarter in 2013.
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