Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at 'The Bookseller'

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Quad/Graphics Reports $12M Loss Amid Declining Sales in Q1

Quad/Graphics posted a net loss of $12.4 million in the first quarter of 2020, the Wisconsin-based commercial printer reported on Wednesday, a significant improvement over its $22.8 million net loss in Q1 of 2019. Net sales dropped 14.4% year-over-year to $823 million, the company said, a... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-06 18:09:12 UTC ]
More news stories like this | News stories tagged with: #shelter-at-home orders #earnings report #lsc communications


In Q1, Sales Rose 26% at Amazon as It Works to Improve Shipping Times

Sales increased to $75.5 billion in the second quarter at Amazon, even as it acknowledged that the surge in demand forced it to prioritize essential items such as household staples and "dampened demand" for non-essential products. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-01 04:00:00 UTC ]
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Amazon Deprioritizes Book Sales Amid Coronavirus Crisis

As it works to meet the surge in demand for "household staples, medical supplies, and other high demand products," Amazon has sent a letter to other suppliers, including publishers, telling them their goods will receive a low priority until at least April 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #household staples #medical supplies #including publishers


Industry Sales Posted Small Gain In 2019

Sales of adult trade books fell 2.7% in 2019 compared to 2018, while sales in the children/young adult segment rose 6.8%, according to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-14 04:00:00 UTC ]
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Wiley Posts Q3 Gains in Sales, Earnings

For the quarter ended January 31, 2020, John Wiley reported that revenue rose 4% over last year’s third quarter, to $467.1 million, and net income increased 1.4%, to $35.4 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-04 05:00:00 UTC ]
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The Sun records £68m loss amid falling sales and hacking damages

Accounts show parent firm still spending an eighth of revenue dealing with phone hackingThe Sun recorded a loss of £68m last year amid falling print sales and the enormous cost of phone-hacking claims against its parent company from figures including Sir Elton John and Heather Mills.Rupert... Continue reading at The Guardian

[ The Guardian | 2020-02-23 15:59:03 UTC ]
More news stories like this | News stories tagged with: #print sales


Amazon claims Kindle sales boost in 2019

Kindle sales increased "again in 2019 thanks to independent publishing, Unlimited subscriptions and Amazon Publishing", the company claims. Continue reading at The Bookseller

[ The Bookseller | 2019-12-24 00:23:43 UTC ]
More news stories like this | News stories tagged with: #independent publishing #amazon publishing #company claims #kindle


Amazon Reports Record Early Holiday Sales

Led by such categories and toys and fashion, Amazon had record sales between Thanksgiving and Cyber Monday. One book managed to make it onto the company's top-selling items over the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-03 05:00:00 UTC ]
More news stories like this | News stories tagged with: #record sales #cyber monday


Print Units Post Solid Sales Gain in Early November

With both juvenile categories posting double-digit increases and a strong gain in adult nonfiction, unit sales of print books rose 5.9% in the week ended Nov. 9, 2019, over the comparable week in 2018 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-15 05:00:00 UTC ]
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Amazon's Fire tablets and Kindles are on sale for everyone

Last month, Amazon introduced some hefty discounts on its Fire tablets and Kindle e-readers, but those discounts were only available to Prime subscribers. Now, the company has made those savings available to all customers in the US, with up to $40 of... Continue reading at Engadget

[ Engadget | 2019-10-21 12:02:00 UTC ]
More news stories like this | News stories tagged with: #amazon introduced #fire tablets #kindle e-readers #prime subscribers #kindle


Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #strong performance #trade division #net loss #scholastic


Amazon's Fire tablets and Kindles are on sale for Prime members

Amazon's next big hardware event is just days away, and it appears the tech giant is using that as an opportunity to provide hefty discounts for Fire tablet and Kindle models for Prime subscribers. Most notably, Prime members get $40 off the Kindle P... Continue reading at Engadget

[ Engadget | 2019-09-16 14:27:00 UTC ]
More news stories like this | News stories tagged with: #kindle models #fire tablets #prime members #tech giant #fire tablet #prime subscribers #kindle


Sourcebooks Posts Double Digit Six Month Sales Gain

Unit sales rose 24% in the first six months of 2019 over the comparable period in 2018, while revenue increased 26% at Sourcebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-10 04:00:00 UTC ]
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PRH Posts Double-Digit Gains in Sales, Earnings in First Half of '19

Driven by a number of acquisitions and hundreds of bestselling books, profits at Penguin Random House jumped 33.0% in the first half of 2019 over the comparable period in 2018 and revenue rose 11.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling books #penguin random house


Quad Posts Q2 Net loss on Lower Revenue

Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #planned purchase #2% compared #net loss


EDC Has First Quarter Decline in Sales and Earnings

Total revenue at Educational Development Corp. dropped 8% in the first quarter of fiscal 2020, to $27.6 million, from the comparable period a year ago. Earnings, meanwhile, fell from $1.8 million a year ago to $1.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter decline #total revenue


Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #3% drop #net loss


Germany’s biggest publisher sales houses unite to fight Google, Facebook and Amazon

Axel Springer and Funke Mediengruppe’s joint sales house Media Impact has joined forces with the joint sales house of fellow publishing juggernauts RTL Groupe and Gruner+Jahr to solidify an advertising alliance that sells the combined inventory of all four media groups. The post Germany’s... Continue reading at Digiday

[ Digiday | 2019-05-28 04:01:59 UTC ]
More news stories like this | News stories tagged with: #post germany #amazon appeared #fight google #axel springer #joined forces


Hunchback of Notre-Dame sees Amazon France sales spike

Victor Hugo’s classic novel The Hunchback of Notre-Dame has jumped to the top of Amazon France’s bestseller list following the cathedral’s devastating fire. Continue reading at The Bookseller

[ The Bookseller | 2019-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #victor hugo #amazon france #bestseller list #devastating fire


Trade Books Post Good February Sales

Sales of adult trade books rose 6.6% in February over February 2018 after slumping in January, while sales of children/young adult books had a second consecutive month of good sales increases, according to the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #consecutive month