Helped by the acquisition of 9 Story Media, sales rose 4% at Scholastic in the quarter ended August 31, 2024, and the publisher cut its operating loss. Continue reading >> [ Source: Publishers Weekly | 2024-09-27 04:00:00 UTC ]
Lower trade book sales and costs associated with the creation of its new School Reading Events business resulted in an operating loss in the quarter at Scholastic. Continue reading >> [ Source: Publishers Weekly | 2023-09-24 04:00:00 UTC ]
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 ]
Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading >> [ Source: Publishers Weekly | 2022-09-07 04:00:00 UTC ]
Phaidon made an operating loss of £1.3m in the year ending June 30th 2020, a 33% bigger loss than the previous year, due to the "adverse effects" of multiple national lockdowns, according to accounts filed at Companies House. Continue reading >> [ Source: The Bookseller | 2021-07-16 04:54:45 UTC ]
The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading >> [ Source: Publishers Weekly | 2020-07-24 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 ]
Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading >> [ Source: Publishers Weekly | 2018-11-20 00:00:00 UTC ]
A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose. Continue reading >> [ Source: Publishers Weekly | 2017-03-31 00:00:00 UTC ]
Faber saw a drop in turnover for the year ending March 2015, with a significant increase in its operating loss from the 12 months previous. The publisher’s turnover was £15.9m, down 1.8% from £16.2m the year before. Faber made an operating loss of £813,000, up from £5,000 in the 12 months to... Continue reading >> [ Source: The Bookseller | 2015-08-28 00:00:00 UTC ]
Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading >> [ Source: The Guardian | 2014-12-17 00:00:00 UTC ]
Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading >> [ Source: The Bookseller | 2014-12-12 00:00:00 UTC ]
The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business. The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At... Continue reading >> [ Source: The Bookseller | 2014-11-26 00:00:00 UTC ]
Sales in the Houghton Mifflin Harcourt trade group fell 5% in the second quarter ended June 30, 2014, and the unit had an operating loss of $1.7 million. Continue reading >> [ Source: Publishers Weekly | 2014-08-14 00:00:00 UTC ]
Total revenue at Amazon increased 24%, to $17.09 billion, in the third quarter of 2013 while its operating loss was $25 million, down from $28 million in the third quarter of 2012. Continue reading >> [ Source: Publishers Weekly | 2013-10-24 00:00:00 UTC ]
Irish book, newspaper and stationery retailer Eason made an operating loss of €5.3m in the... Continue reading >> [ Source: The Bookseller | 2012-06-18 00:00:00 UTC ]