After falling 12% in the six-month period ended December 31, 2022, sales steadied at $515 million at HarperCollins in the quarter ended March 31, 2023, though earnings fell again, dropping 9%. Continue reading >> [ Source: Publishers Weekly | 2023-05-12 04:00:00 UTC ]
High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading >> [ Source: Publishers Weekly | 2022-08-31 04:00:00 UTC ]
Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading >> [ Source: Publishers Weekly | 2020-06-11 04:00:00 UTC ]
The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading >> [ Source: Publishers Weekly | 2017-03-28 00:00:00 UTC ]
A decline in ebook sales plus the lack of a mega-bestseller led to sales and earnings both falling by just over 10% at Penguin Random House in the first six months of 2016. Continue reading >> [ Source: Publishers Weekly | 2016-08-31 00:00:00 UTC ]
Sales and earnings fell in fiscal 2016 at John Wiley as the company continued its transition to a digital knowledge and learning company. Continue reading >> [ Source: Publishers Weekly | 2016-06-15 00:00:00 UTC ]
Revenue at Simon & Schuster declined 3.8%, to $778 million, in 2014 while operating profit dropped 5.6%, to $101 million. Continue reading >> [ Source: Publishers Weekly | 2015-02-12 00:00:00 UTC ]
With sales of print books declining and the growth of ebook sales slowing, Harlequin had declines in sales and earnings in 2013, parent company Torstar reported. Continue reading >> [ Source: Publishers Weekly | 2014-03-05 00:00:00 UTC ]