Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading >> [ Source: Publishers Weekly | 2022-09-22 04:00:00 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 ]
Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago. Continue reading >> [ Source: Publishers Weekly | 2017-03-23 00:00:00 UTC ]
Indigo Books & Music reported a strong first quarter for fiscal 2016, with sales growth of 2.3% and a C$5 million reduction in its loss. Continue reading >> [ Source: Publishers Weekly | 2015-08-05 00:00:00 UTC ]
B&N chair Len Riggio is not buying the B&N retail business—at least not yet. B&N reported a fiscal 2014 first quarter consolidated loss of $87 million, up from the $40 million loss reported for the same period in 2013. Continue reading >> [ Source: Publishers Weekly | 2013-08-20 00:00:00 UTC ]
Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012. Continue reading >> [ Source: Publishers Weekly | 2013-08-19 00:00:00 UTC ]