EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
News tagged with: #meet demand

Other Publishing stories related to: 'EDC Faces Falling Profits in Q2, As It Invests to Meet Demand'

EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meet demand

EDC Q2 Profits Jump on Small Sales Gain

Educational Development Corp.’s rapid revenue growth stalled in the second quarter ended August 31, 2018, but the company still posted earnings growth of nearly 44%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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New Leaf Literary & Media Evolves Team to Meet Changing Industry Demands

The New York City-based literary agency announced three new director-level promotions among several new hires and staff changes across the agency. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #literary agency

Sales Fall in Q2 as Wiley Lowers Sales Forecast for Year

Sales fell 3% at John Wiley in the second quarter ended October 31, largely due to a 14% revenue decline in its academic and publishing learning group. Trouble in the group prompted the company to lower its revenue forecast for fiscal 2023, though its earnings predictions remained intact. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #sales fall #john wiley #largely due

Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #strong results

Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
More news stories like this | News stories tagged with: #local newspapers #profits fall

EDC Sales, Earnings Fall

Financial results from Educational Development Corp. continue to suffer from comparisons to the record highs they hit last year, although EDC said sales through the first nine months of the year are still ahead of pre-pandemic levels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #edc sales #earnings fall #financial results #record highs #pre-pandemic levels

Imago Strives to Meet Clients’ Every Demand

Travel restrictions and shelter-in-place advisories at the start of the pandemic dried up orders from clients in the travel books and maps segment very quickly. “But now that travel has become possible again,” says Howard Musk, president and CEO of print management company Imago, “we are seeing... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #travel restrictions #travel books #backlist titles

Q1 Profits Jumped at EDC

Profits for the first quarter ended May 31, 2021, rose 79% at Educational Development Corp. Sales increased 6.5%, to $40.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter ended

Quarto sees 2020 revenue fall 7% but profits rose

The Quarto Group saw revenue fall 7% year on year in 2020 to $126.9m (£91.5m) although adjusted operating profit increased to $10.6m (£7.6m) in the same period. Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 10:24:18 UTC ]
More news stories like this | News stories tagged with: #profits rose #quarto group #quarto

A different Calibre: audiobook charity shares how it is meeting growing demand

North London-based charity Calibre Audio's Emma Scott talks to us about how it has navigated the boom in the audio sector to continue fulfilling it mission to provide free audiobooks to those with a print disability. Continue reading at The Bookseller

[ The Bookseller | 2021-01-18 13:02:19 UTC ]
More news stories like this | News stories tagged with: #audiobook

Earnings Soared at EDC in Q2

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 ]
More news stories like this | News stories tagged with: #$1 million #earnings soared #net earnings #quarter ended

S&S Posts Q2 Profit Gain Despite Sales Decline

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 ]
More news stories like this | News stories tagged with: #sales decline #distribution costs #9% increase #8% drop

Amazon Q2 Results: 20% Revenue Jump, Smaller Profit Increase

The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter revenue #tech giant

Hachette UK reports 'strong' growth but parent company Lagardère's profits fall

Hachette UK has reported "strong" sales growth in 2018, although parent company Lagardère saw profits fall 9.6%. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits fall #hachette uk

Wiley Q2 Sales and Earning Fall

Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-05 00:00:00 UTC ]
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California's candidates for governor to meet for lone one-on-one debate as voters find few face-offs in top races

California’s candidates for governor and U.S. Senate are infiltrating television, Facebook feeds and mailboxes with campaign ads and slick mailers, but there’s one place voters aren’t likely to see them — the debate stage. On Monday, a San Francisco public radio studio will be the venue for the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook feeds #campaign ads

Librarians Scrambling to Meet Demand for 'Fire and Fury'

Overwhelming demand for the book has generated wait lists that rival such all-time bestsellers as 'Harry Potter' and 'Fifty Shades of Gray.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meet demand #harry potter #fifty shades

Booksellers Prepare to Meet Demand for 'Fire and Fury'

Facing high demand and a pushed-up pub date, booksellers big and small are scrambling to get copies of Michael Wolff's political exposé. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #booksellers prepare #meet demand #pub date #michael wolff #political expos

Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fall