B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]

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Cooking and Sci-Fi Are the Hot Print Segments This Year So Far

Much lower sales for last year's religious phenom, 'The Shack,' contributed to a decline in fiction units in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-13 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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More Fiction Softness Leads to Dip in Sales in Late May

Declines in both adult and juvenile fiction offset gains in nonfiction, resulting in a 1% decline in print unit sales in the week ended May 27, 2018, compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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More Weakness in Adult Fiction Leads to Sales Dip

A second consecutive week of soft adult fiction sales led to a 1% decline in total unit sales of print books in the week ended May 20, 2018 compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Despite a Lift in Sales, B&NE Sees Losses Jump in Q1

The February 2017 acquisition of MBS was the major driver of a 48.7% jump in sales at Barnes & Noble Education in the quarter ended July 29. The net loss in the period, however, was $34.8 million, up from $27.9 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-30 00:00:00 UTC ]
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B&N Reports Falling Sales in Fiscal 2017 Report

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 at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Scholastic Has Third Quarter Loss on Lower Sales

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 at Publishers Weekly

[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
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B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
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Harry Potter Contributes to Improved Scholastic Results

Third quarter sales rose 27% in Scholastic's trade division over the same period a year ago, helping to boost total revenue for the company by 5.8%. Scholastic cut its net loss to $9.0 million in the quarter, from $22.1 million in the third period of fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-24 00:00:00 UTC ]
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B&N Reports Disappointing Second Quarter

Total sales fell 4.5% at Barnes & Noble in the second quarter ended Oct. 31, 2015 compared to the same period last year and the net loss from continuing operations rose to $27.2 million from $5.1 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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Cairns Out, Montgomery Up at Publishing Technology

Publishing Technology has announced that CEO Michael Cairns has stepped down, effective immediately after the Board projected a net loss for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-22 00:00:00 UTC ]
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News Corp sees strong growth in digital real estate services and book publishing

The company’s quarterly earnings call beats analysts’ expectations despite a fall in total revenue from the previous quarter and a net loss of $379mNews Corp, owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital real... Continue reading at The Guardian

[ The Guardian | 2015-08-13 00:00:00 UTC ]
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Quiet First Quarter for Books-A-Million

Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
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Charges Lead to Loss at Scholastic; Sales Up

Revenue at Scholastic rose 2% in the third quarter, but a number of one-time charges led to a net loss of $22.1 million compared to a loss of $12.1 million in last year’s third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-26 00:00:00 UTC ]
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Amazon Lost $241 Million on $88 Billion in Sales

For the full year, sales increased 20% to $88.99 billion at Amazon, but the company had a net loss in the year of $241 million compared with net income of $274 million in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-29 00:00:00 UTC ]
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Waterstones' core Christmas sales up 5%

Waterstones’ core Christmas sales were up over 5% year-on-year but overall revenue was hit by lower sales of Kindle devices. The chain bookseller’s m.d, James Daunt, said the company had a “solid” Christmas and was pleased with sales of books, stationery and toys, with new stores in the estate... Continue reading at The Bookseller

[ The Bookseller | 2015-01-07 00:00:00 UTC ]
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B&N Quarterly Sales Fell 7%, But Losses Cut

Revenue at Barnes & Noble fell 7% in the first quarter ended August 2, to $1.23 billion, but the retailer cut its net loss to $28.4 million from $87.0 million in the first period of fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
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Books-A-Million Has Solid Quarter

Books-A-Million reported that it cut its net loss for the second quarter ended August 2, 2014 to $3.0 million from $9.1 million in the comparable period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-28 00:00:00 UTC ]
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A Loss for Amazon

Amazon sales in the second quarter rose 23%, to $19.34 billion, in line with analysts' expectations, but the net loss of $126 million was deeper than expected. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-24 00:00:00 UTC ]
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Indigo Has Big Fiscal 2014 Loss

Indigo Books & Music reported a net loss of C$31 million in the year compared to net earnings of C$4.3 million in fiscal 2013. Sales slipped 1.3%, to C$868 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-27 00:00:00 UTC ]
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