Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
News tagged with: #rapid growth #profits jumped #$256 million

Other Publishing stories related to: 'Amazon Profits Soar Again, Despite Disappointing Sales'


Further sales and profit lifts at CUP

Cambridge University Press saw turnover of £316m in the year to 30th April 2018, a headline rise of 3.1% on the previous year's total of £306m. Continue reading at The Bookseller

[ The Bookseller | 2018-08-01 00:00:00 UTC ]
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YALC ticket sales soar 11%

Overall ticket sales for this year’s Young Adult Literature Convention (YALC) are up 11% compared to last year, according to the organisers. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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Audio is publishing’s new star as sales soar across genres

Top thriller writer opts to publish solely in spoken-word format as demand risesWriters are turning to the spoken word as their preferred medium, encouraged by a boom in audiobook sales that is transforming publishing.This weekend, audio publisher Audible, owned by Amazon, released an audiobook... Continue reading at The Guardian

[ The Guardian | 2018-06-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audio market #sales soar #spoken word #preferred medium #made sense


Amazon's sales up 43% in first quarter

Amazon has reported a 43% rise in sales to $51bn (£36.9bn) for the first three months of 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Quarto's children's sales grow but profits plunge in 'tough year'

The Quarto Group's sales declined marginally by 1.4% to £152.5m last year, however, its operating profits plunged 58% to £7.2m. Continue reading at The Bookseller

[ The Bookseller | 2018-03-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough year #quarto group #sales grow


Blackwell's sees sales soar 12%

Blackwell’s is seeing rapid revenue growth spurred on by its multi-channel strategy, with like-for-like sales up 12% to £48.3m for the year to June 2017. Continue reading at The Bookseller

[ The Bookseller | 2018-03-27 00:00:00 UTC ]
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Foyles to donate profits from far-right book sales to charity

Foyles is to donate the profits of its sales from far-right books to charity after it was targeted by an anti-fascist campaign. Continue reading at The Bookseller

[ The Bookseller | 2018-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book sales


S&S UK saw sales and profit rise in 2017

Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-02-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit rise #ss uk


Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fourth quarter


B&N Has Disappointing Holiday Sales

Sales for the nine-week holiday period ended December 30, 2017, fell 6.4% compared to the 2016 holiday season at the retailer. With the weaker than expected sales performance, B&N lowered its financial forecast for the fiscal year ending in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Amazon sales rise 34% in third quarter

Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller

[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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Gardners sales soar as firm becomes 'more global'

Gardners Books has seen its annual turnover soar 30% as the wholesaler grows into more of a “global business”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #global business #gardners books


Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Walker's turnover and operating profit soar

Walker Books' turnover soared by more than a fifth last year, up from £59m in 2015 to £72m in 2016, due to “growth in overseas markets”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #walker books #overseas markets


Milly Johnson condemns fraudulent sales on Amazon

Multi-million-pound selling writer Milly Johnson has hit out after finding fraudulent books being sold on Amazon under her name that she did not write. Continue reading at The Bookseller

[ The Bookseller | 2017-09-20 00:00:00 UTC ]
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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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World Book Day sales soar year on year as campaign report assesses engagement

Sales of World Book Day (WBD) titles soared by more than 50% in comparison to last year, with 469,274 copies in total shifted in the week of the event, sales figures have shown. Continue reading at The Bookseller

[ The Bookseller | 2017-07-17 00:00:00 UTC ]
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Amazon mines sales data for Harry Potter trends

Nobody wants to be in the Harry Potter House Hufflepuff, Amazon made it official today, as it released fresh data about the UK’s buying habits of all things Potter. Continue reading at The Bookseller

[ The Bookseller | 2017-06-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buying habits