Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
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Penguin Random House UK c.e.o. Tom Weldon has praised the resilience of the book trade in an interview at FutureBook 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-11-19 21:20:38 UTC ]
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The B2B digital publisher generated $60 million in revenue in 2020, ahead of expectations going into the year. The post ‘Help us solve goals that we can’t solve in person’: How Industry Dive soared revenue as B2B budgets migrated to digital appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-10 05:01:23 UTC ]
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With sales of both print and digital books rising in the third quarter, revenue at Simon & Schuster increased 28.5% over the quarter ended September 30, 2109, and profits were up 5.5%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
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An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Stephen Hawking's Brief Answers to the Big Questions (John Murray) has rocketed to the top of the Amazon Charts' Most-Sold: Non-Fiction chart, as Val McDermid's A Place of Execution (HarperCollins) cleaved into the Most-Sold: Fiction number one. Continue reading at The Bookseller
[ The Bookseller | 2020-08-04 16:57:32 UTC ]
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Amazon has reported a 40% rise in net sales for the second quarter compared to the same time last year, while operating income soared by 87%. Continue reading at The Bookseller
[ The Bookseller | 2020-07-31 11:46:26 UTC ]
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Mary Trump's 'Too Much and Never Enough' sold nearly 406,000 print copies last week, but total unit sales fell 2.8% compared to the week ended July 18 at outlets that report to BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-30 04:00:00 UTC ]
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Politically related biography and memoir gained, and children's print gained 12 percent over the second quarter of 2019 in unit sales. The post US Book Market: NPD Sees Unit Sales Up 2.8 Percent in Q2 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-07-20 17:15:16 UTC ]
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David Walliams and Tony Ross' The World's Worst Parents (HarperCollins) has rocketed into the UK Official Top 50 number one spot, selling 74,328 copies in its first three days on sale. Continue reading at The Bookseller
[ The Bookseller | 2020-07-06 19:39:47 UTC ]
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Charlie Mackesy's The Boy, The Mole, The Fox and The Horse (Ebury) has cantered back to the Official UK Top 50 number one, as books by black authors rocket up the charts. Continue reading at The Bookseller
[ The Bookseller | 2020-06-09 08:15:17 UTC ]
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Reni Eddo-Lodge's Why I'm No Longer Talking to White People about Race (Bloomsbury) has rocketed straight into the Amazon Charts' Most-Sold: Non-Fiction number one spot in its first week in the chart. Continue reading at The Bookseller
[ The Bookseller | 2020-06-03 00:35:29 UTC ]
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Suzanne Collins' prequel to The Hunger Games series, The Ballad of Songbirds and Snakes (Scholastic), has hit the right chord with book-buyers, soaring straight into the UK Official Top 50 number one. Continue reading at The Bookseller
[ The Bookseller | 2020-05-27 05:28:10 UTC ]
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After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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After a few days of delay, Meredith released its Q3 earnings, which closed on March 31. Starting with the bottom line, adjusted EBITDA totaled $151.8 million, a 5.5% decline versus the same period last year. The top line illustrates why. Overall, the company’s revenue fell 6.5% versus 2019.... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-14 15:44:55 UTC ]
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With sales increasing 160% last month over April 2019 in its direct sales division, Educational Development Corp. has repaid a $1.4 million loan it received under the Payroll Protection Program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-14 04:00:00 UTC ]
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A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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In the midst of all our town halls, Latin dance breaks and golf tournaments on Zoom, April zoomed by at an alarmingly rapid pace. With the calendar turning to May, it's officially Q1 earnings season. Plus, Nielsen dives into what sports fans are watching in the absence of sports. Here are the... Continue reading at AdWeek
[ AdWeek | 2020-05-01 20:05:11 UTC ]
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Educational Development Corporation announced it received a $1.44 million loan under the Paycheck Protection Program. The company has seen a drop in sales in its publishing division, although business in its direct-to-consumer has increased. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-20 04:00:00 UTC ]
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