Sales were up 11% and profits increased 8% in the first half of the U.K.-based publisher's fiscal year. Sales in the U.S. were about $76 million, accounting for 46% of total revenue. Continue reading >> [ Source: Publishers Weekly | 2023-10-26 04:00:00 UTC ]
The U.S. outpost of the general news publisher The Guardian finished the first quarter of its fiscal year, which ended June 30, with advertising revenues up 42% year over year, according to senior vice president of advertising Luis Romero. The hikes buck common trends most publishers are seeing.... Continue reading >> [ Source: AdWeek | 2023-07-12 08:56:56 UTC ]
A rite of spring, the White House budget proposal officially kicks off the congressional appropriations cycle each fiscal year. And this year, library advocates have their work cut out for them. Continue reading >> [ Source: Publishers Weekly | 2022-04-01 04:00:00 UTC ]
Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading >> [ Source: The Bookseller | 2020-08-13 04:17:15 UTC ]
Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading >> [ Source: The Bookseller | 2020-07-24 06:25:19 UTC ]
After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading >> [ Source: Publishers Weekly | 2020-05-22 04:00:00 UTC ]
The Scholastic Corporation has revealed a 7% rise in operating income in the second quarter of the fiscal year, as c.e.o. Richard Robinson said the firm "continued to stand out as the world’s leading children’s book publisher and distributor". Continue reading >> [ Source: The Bookseller | 2019-12-23 08:45:28 UTC ]
Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading >> [ Source: Publishers Weekly | 2019-11-08 05:00:00 UTC ]
The National Association of College Stores is changing leadership in the face of financial losses for the fiscal year that ended March 31, 2019, planning to exit college textbook distribution, and expecting layoffs. Continue reading >> [ Source: Publishers Weekly | 2019-07-25 04:00:00 UTC ]
Revenue in Scholastic's trade division increased 16% in the second quarter ended November 30, 2018, over the comparable period a year ago. For the entire company, revenue in the quarter rose 1% over last fiscal year’s second quarter and net income jumped 25.4%. Continue reading >> [ Source: Publishers Weekly | 2018-12-20 00:00:00 UTC ]
Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading >> [ Source: Crains New York | 2018-09-06 00:00:00 UTC ]
Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading >> [ Source: Publishers Weekly | 2017-08-10 00:00:00 UTC ]
The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading >> [ Source: Publishers Weekly | 2017-06-22 00:00:00 UTC ]
After a slow start to the fiscal year, Riggio, who returned as Barnes & Noble's CEO after last month's ouster of Ron Boire, has plans to improve the bookseller's bottom line. Continue reading >> [ Source: Publishers Weekly | 2016-09-09 00:00:00 UTC ]
Barnes & Noble’s retail c.e.o Mitchell Klipper is to retire from the role in May after 28 years at the company. Klipper will step down as the chief executive of the Retail Group at the end of Barnes & Noble’s fiscal year, but will act as a special advisor on real estate and other... Continue reading >> [ Source: The Bookseller | 2015-01-21 00:00:00 UTC ]
Bob Carrigan is stepping down as CEO of IDG Communications Worldwide, the company announced today. Carrigan will transition out of his role at the end of IDG's fiscal year, ending September 30, and will join the company's board of directors. Continue reading >> [ Source: Folio Magazine | 2013-08-06 00:00:00 UTC ]
Although total sales for the fiscal year ended April 30 rose only 2%, to $1.79 billion, at John Wiley, operating income increased 13%, to $280.4 million, boosting the company’s operating margin to 15.7%. Wiley said 40% of its revenue came from digital products and the company will continue to... Continue reading >> [ Source: Publishers Weekly | 2012-06-22 00:00:00 UTC ]