Cost savings for Scholastic after revenues drop

  Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at 'The Bookseller'

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
News tagged with: #scholastic corporation #cost savings

Other news stories related to: "Cost savings for Scholastic after revenues drop"


Cost savings for Scholastic after revenues drop

  Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cost savings #scholastic corporation


Publishing Revenue Fell Slightly in 2023, but Unit Sales Dropped 5.7%

The final 2023 industry sales report from the Association of American Publishers found sales of digital audiobooks poised to surpass those of e-books, higher net prices helping to offset a drop in unit sales, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-22 04:00:00 UTC ]
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Scholastic will drop policy that makes it easier for school fairs to exclude diverse books

Scholastic Inc. will end a widely criticized policy that made it easier for school book fairs not to sell works with racial, disability and LGBTQ+ themes Continue reading at ABC News

[ ABC News | 2023-10-25 19:50:33 UTC ]
More news stories like this | News stories tagged with: #scholastic #school fairs


Rising Costs Deepen First Quarter Loss at Scholastic

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 at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic #2% increase #quarter loss #expects sales


Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic


Scholastic revenues plunge 32% but trade sales up in second quarter

Scholastic saw revenues plunge 32% year on year to $406.2m and operating income fall 54% in the second quarter, as its business continued to be hit by the pandemic, although trade sales rose. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 18:36:39 UTC ]
More news stories like this | News stories tagged with: #scholastic #trade sales


Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
More news stories like this | News stories tagged with: #pearson


RELX revenues drop 10% as Exhibitions business plunges

RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at The Bookseller

[ The Bookseller | 2020-07-23 02:26:48 UTC ]
More news stories like this | News stories tagged with: #relx #reed exhibitions


Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 15:51:43 UTC ]
More news stories like this | News stories tagged with: #scholastic #fourth quarter #scholastic corporation #cut costs


Scholastic reports 7% rise in revenue for 2020 first quarter

Scholastic has reported a 7% rise in revenue for its first quarter results to $232.6m (£185m) due partly to its YA titles and graphic novels imprint Graphix. Continue reading at The Bookseller

[ The Bookseller | 2019-09-19 16:16:17 UTC ]
More news stories like this | News stories tagged with: #scholastic #ya titles #7% rise #quarter results


News Corp Australia revenues fall as advertising drops and subscriptions stay flat

Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling... Continue reading at The Guardian

[ The Guardian | 2019-08-09 01:33:05 UTC ]
More news stories like this | News stories tagged with: #news corp #results released #huge loss #australian mastheads #rupert murdoch


Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at The Bookseller

[ The Bookseller | 2019-07-29 11:40:07 UTC ]
More news stories like this | News stories tagged with: #scholastic #2% increase #operating income


Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book fair


Scholastic sees third-quarter revenue boost of 4%

Scholastic has reported a revenue rise of 4% year-on-year in its third quarter for the three months to 28th February, increasing from $344.7m (£261.3) to $360.1m (£273m) thanks to its children’s publishing division. Continue reading at The Bookseller

[ The Bookseller | 2019-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing division #28th february #4% year-on-year #revenue rise


Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #full year #trade group


Revenue drop at Pottermore 'in line with expectations'

Sales and profits fell at Harry Potter site Pottermore in the year to end March 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits fell #revenue drop


Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cursed child #harry potter #earnings dropped


Slowdown in Self-Publishing Drops Publishing Revenue at Salem

First quarter revenue fell 7.6% in Salem Media Group's publishing division which it attributed to a slowdown in author acquisitions in its self-publishing business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing division


Book revenue drops 4% at W H Smith

W H Smith has reported a 2% rise in revenue and a 7% rise in pre-tax profits for the year to end August 2017. However its book business saw a like-for-like revenue drop of 4% on the previous year. Continue reading at The Bookseller

[ The Bookseller | 2017-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #pre-tax profits #revenue drop


JS Group reports 6% revenue drop for 2016

Academic retailer JS Group has reported a 6.2% year-on-year revenue drop to £38.1m in its annual results covering the financial year ending 31st May 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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