A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading >> [ Source: Publishers Weekly | 2023-03-09 05:00:00 UTC ]
A 23% increase in unit sales of adult fiction was offset by a big decline in adult nonfiction sales, resulting in a 2.5% drop in total sales last week compared to 2021. Continue reading >> [ Source: Publishers Weekly | 2022-07-21 04:00:00 UTC ]
Canada' Indigo Books and Music saw a 5% drop in revenue, to C$365.4 million, for the quarter ended December 26, compared with the same period last year. Continue reading >> [ Source: Publishers Weekly | 2021-02-08 05:00:00 UTC ]