EDC Has Small Fiscal 2024 Profit Despite Big Sales Decline

Sales and profits at Educational Development Corp. soared in the early months of the pandemic, but the company has labored to downsize its business after overexpansion led to rising expenses. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-05-22 04:00:00 UTC ]
News tagged with: #early months #overexpansion led #rising expenses

Other Publishing stories related to: 'EDC Has Small Fiscal 2024 Profit Despite Big Sales Decline'


Preliminary AAP Sales Find a 6.4% Decline

Year-end figures from the Association of American Publishers’ StatShot program show sales were down in all publishing categories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
More news stories like this | News stories tagged with: #4% decline #american publishers #publishing categories


Profits, Sales Tumble at HarperCollins

Sales dropped 11% and profits plunged 54% in the quarter ended September 30 at HarperCollins. Much lower sales of print books through Amazon impacted the revenue decline, and higher costs across the board contributed to the profit drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #lower sales #print books #revenue decline #higher costs


S&S Sales Up 10% in Q3, but Profits Are Flat

Though its third-quarter results slowed compared to the first half of 2022, Simon & Schuster remains on track to have a record year, which CEO Jonathan Karp attributed to employees' ability to stay focused on books despite the company being for sale for more than two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #record year #stay focused


Quarto Posts Big Jump in Profits

Quarto Group reported that revenue rose 9% in the first six months of 2022 over the comparable period in 2021, to $61.9 million, and net income jumped 124%, to $4.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-30 04:00:00 UTC ]
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HC Sales Topped $2 Billion in Fiscal 2022

Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
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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


“Swim Team: Small Waves, Big Changes” by Johnnie Christmas

Two picture books and a graphic novel treat swimming as an expansive state of being, slippery with promise. Continue reading at The New York Times

[ The New York Times | 2022-07-29 14:07:25 UTC ]
More news stories like this | News stories tagged with: #picture books #graphic novel


Print Book Sales Declined 5% Last Week

Despite a good sales increase for adult fiction titles, unit sales of print books fell 5% last week at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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Neon Hemlock Press: A Small Press in a Big World of Speculative Fiction

This year, a Neon Hemlock Press novella won a Nebula. But what is this publisher, where did it come from, and what does it put out? Continue reading at Book Riot

[ Book Riot | 2022-06-21 10:36:00 UTC ]
More news stories like this | News stories tagged with: #big world #speculative fiction #small press


Wiley Sales Topped $2 Billion in Fiscal 2022

Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
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Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$1 billion #physical stores #operating profit #bookstore chain


Print Book Sales Declined 12.8% Last Week

The impact of an earlier Easter and a kerfuffle surrounding Dr. Seuss titles that sold many books last year proved impossible to overcome last week, when unit sales of print books were down 12.8% compared to the week ended March 20, 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #seuss titles #8% compared #dr. seuss


Publishing Sales Had Small Gain in January

Led by a 44.1% increase in sales of K-12 instructional materials and double-digit gains in the children’s/young adult and religious press segments, industry sales rose 3.7% in January, according to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-11 05:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing sales #small gain #1% increase #double-digit gains #/young adult


Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
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Jonathan Evison’s ‘Small World’ feels like a big statement about America

In "Small World," short chapters and sheer eventfulness keep the story chugging along. Continue reading at The Washington Post

[ The Washington Post | 2022-01-21 12:00:01 UTC ]
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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


A Debut Novel Where Small Moments Add Up to Something Big

In “A Little Hope,” Ethan Joella explores quiet lives in small-town Connecticut. Continue reading at The New York Times

[ The New York Times | 2021-11-16 10:00:03 UTC ]
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Regnery Had Small Q3 Sales Gain

Regnery Publishing had a small sales increase in the third quarter, while Salem Author Services had a 27% jump in self-publishing fees, leading to a 5.6% increase in revenue, to $5.7 million, at Salem Media's publishing group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #regnery publishing #6% increase #salem media


From a Small Nigerian Tribe to a Big American Publishing House

In Uwem Akpan’s debut novel, “New York, My Village,” a Black African editor traces tribalism at home and abroad. Continue reading at The New York Times

[ The New York Times | 2021-11-02 09:00:06 UTC ]
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Newton hails record first-half profits and sales at Bloomsbury

Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 14:20:32 UTC ]
More news stories like this | News stories tagged with: #profit growth #nigel newton #bloomsbury