First Quarter Results Jump at EDC

Revenue at Educational Development Corp. rose 20%, to $7.2 million, in the first quarter ended May 31, 2014 compared to the first period of fiscal 2014. Earnings in the period jumped to $239,700 from $66,600 in last year's first quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a... Continue reading at The Guardian

[ The Guardian | 2022-03-11 13:22:21 UTC ]
More news stories like this | News stories tagged with: #educational publisher #profit warnings #pearson


Take a look at the beautiful cover—and partial contributor list—for Astra Quarterly’s first issue.

Last February, Astra Publishing House announced their new literary magazine, Astra Quarterly, billed as “the international magazine of literature.” Helmed by Nadja Spiegelman, former online editor of The Paris Review and author of I’m Supposed to Protect You from All This, Astra Quarterly is... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-03 16:27:33 UTC ]
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Sales Jumped 20% at Half Price Books in 2021

In 2021, chain-wide sales at Half Price Books were up 20% over 2020. The company now runs 124 stores in 19 states. Employees have unionized at four different stores in Minnesota. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-20 05:00:00 UTC ]
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Bookstore Sales Jumped in November

Bookstore sales were $709 million in November, up 43% from November 2020, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-18 05:00:00 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


When Boeing put profit over quality in the 737 Max, the result was tragedy

Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post

[ The Washington Post | 2021-12-17 13:00:00 UTC ]
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Print Sales Jumped 17% in Early November

With all categories posting solid gains, unit sales of print books rose 17.3% in the week ended Nov. 6, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-12 05:00:00 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Faber m.d. Cannam bullish about the indie’s future after posting record results

Having taken the reins at Faber & Faber in April, Mary Cannam was able to report record turnover and profit in its most recent results—but there remains plenty of work to do, she says.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-09 02:22:31 UTC ]
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HMH Purchase Boosts HarperCollins Results

A $50 million contribution from its purchase of the Houghton Mifflin Harcourt trade division and higher backlist sales were two of the key drivers in increasing sales at HarperCollins by 19%, and profits by 20%, in the quarter ended August 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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S&S Has Stellar Third Quarter

Despite working in something of a state of limbo caused by its pending purchase by Penguin Random House, Simon & Schuster had a solid first half of 2021, and the good results carried into the third quarter, with sales rising 15% and profits jumping 66%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-04 04:00:00 UTC ]
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Amazon Growth Slows, Costs Jump

Amazon has seen huge gains in sales and profits since the pandemic began, but growth in the third quarter was a modest 15%. The company is spending billions to cope with supply chain issues and labor shortages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-29 04:00:00 UTC ]
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Hachette UK revenues fall 3% in third quarter but Shelley hails 'extremely strong' sales

Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share. Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 21:59:40 UTC ]
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Bloomsbury Had Record First-Half Results

Sales rose 29% in the six-month period ended August 31, 2021, and profits soared 225% at Bloomsbury Publishing. The company said that early ordering by accounts to head off problems in the supply chain gave sales a lift. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-27 04:00:00 UTC ]
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A Cooler Third Quarter for Book Sales

Unit sales of print books dipped in the third quarter but are still up 11% for the year to date. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-08 04:00:00 UTC ]
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Get the Jump on Frankfurt: A Concise Preparation for Academic Publishing

Know before you go: The Frankfurt Conference tracks on Monday and Tuesday will orient you quickly and efficiently to Buchmesse 2021. The post Get the Jump on Frankfurt: A Concise Preparation for Academic Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-10-06 11:42:17 UTC ]
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Ian Rankin took on the challenge of finishing his mentor’s book. The result is a darkly beautiful novel.

“The Dark Remains” captures perfectly the voice of the late William McIlvanney, master of Tartan Noir. Continue reading at The Washington Post

[ The Washington Post | 2021-09-22 06:11:08 UTC ]
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Publishing Sales Jump 18.1% in First Six Months of 2021

With all segments posting increases, sales rose 18.1% in the first half of 2021 over the comparable period in 2020 for publishers who report results to the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-24 04:00:00 UTC ]
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Craig White Takes Over from Randall White at EDC

Longtime Educational Development Corp. chairman, CEO, and president Randall White has turned over leadership of the company to his son Craig White, who has been named CEO and president. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-19 04:00:00 UTC ]
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May Bookstore Sales Jumped 130%

Rebounding from the lows of spring 2020, bookstore sales in May soared 130% over last May, hitting $632 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore sales