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

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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Thalia sales up 2% despite high street footfall decline

German bookstore chain Thalia reported preliminary figures in line with expectation for fiscal 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Bookstore Sales Had Small Six-Month Gain

Bookstore sales increased 0.2% in the first half of 2017 over the comparable period in 2016, hitting $5.06 billion, according to estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-15 00:00:00 UTC ]
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HC Profits Rise in Fiscal 2017

Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
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Profits Double at EDC

Net earnings at Educational Development Corp. rose to $1.2 million in the quarter ended May 31, 2107 over the comparable period a year ago. Sales were up 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits double #net earnings #quarter ended


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 ]
More news stories like this | News stories tagged with: #fiscal year #nook division #operating income


How a Small Press Landed a Big Fish in Naomi Klein

After being tapped by the activist and author to handle the U.S. edition of her anti-Trump book 'No Is Not Enough,' Chicago's Haymarket Books collaborated with Knopf Canada and the U.K.'s Allen Lane to crash the title, which hit shelves this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big fish #naomi klein #anti-trump book #knopf canada #allen lane #hit shelves


Publishers are seeing another big decline in reach on Facebook

A publisher's Medium post lamenting declining Facebook reach sparked agreement and concern from a wide range of publishers. The post Publishers are seeing another big decline in reach on Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-04-20 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slipped #profits rose #simon schuster


IDW Publishing Sales Slipped in Fiscal 2016

Revenue in the IDW publishing group fell 2.3%, to $27.9 million, in the fiscal year ended October 31, 2106. Revenue for all of IDW Media Holdings rose 32.2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-07 00:00:00 UTC ]
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Small Press, Big Prize: Inside Brooklyn Arts Press

Brooklyn Arts Press is a one-man operation that, despite its scant resources, took home the National Book Award for Poetry this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small press #scant resources


Are small publishers doing all the hard work for the big ones?

These days, it is minimally staffed and funded firms who invest in new authors. The giants avoid such risk, only picking the writers once their names are madePaul McVeigh and Kirsty Logan are authors you may have heard of. Both of their debuts were published by Salt, an independent publisher.... Continue reading at The Guardian

[ The Guardian | 2016-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book prize #rental heart #harvill secker #19th century #simon schuster #virginia woolf #random house


Small Stories, Big Picture

Why a new era of multimedia storytelling, fueled by smartphones and powerful digital tools, means change for libraries and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
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Earnings Up at HC in Q1, Despite Sales Decline

First quarter earnings for the period ended September 30, rose 14% over the comparable quarter a year ago at HarperCollins, although revenue dropped 5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #comparable quarter


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 ]
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The Small Press Getting a Big Boost from an NBA Nod

Most of the nominees on this year's National Book Foundation's '5 Under 35' list are published by two of the country’s largest houses. Except for S. Li, whose tiny publisher has no distributor, or even a central office. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
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US publishers' sales decline 2.7% in first quarter

American publishers experienced a 2.7% decline in revenues in the first quarter of 2016 to $2.14bn (£1.65bn) compared to the same period in 2015, according to data released by the Association of American Publishers (AAP). Continue reading at The Bookseller

[ The Bookseller | 2016-09-22 00:00:00 UTC ]
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Dohle: PRH digital sales on 'positive path' following revenue decline

Overall digital sales at Penguin Random House are on a “positive path forward,” the company’s global c.e.o Markus Dohle has said in a letter to staff, despite the company’s first half results showing a decline due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-09-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #markus dohle #revenue decline #digital sales


News Corp. Misses Estimates as Ad Sales Decline

News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some... Continue reading at Advertising Age

[ Advertising Age | 2016-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #york-based company #projections compiled #news online #publishing industry