Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big jump #6% increase


Fiscal 2019 Results Up Educational Development Corp.

Net earnings rose 28.1% at EDC in the year ended February 28, 2019, over fiscal 2018, while sales increased 6.1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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The Beat Goes On at Educational Development Corp.

Following a record first quarter, sales at Educational Development Corp. posted another record in June, with revenue jumping 157% over June 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-27 04:00:00 UTC ]
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HC Posts Big Earnings Gain in Fiscal 2018

Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Sales, Earnings Rose at Indigo in Fiscal 2018

Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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EDC Posts a 59% Earnings Jump in Record Fiscal 2016

Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Educational Development Corp. Doubled Revenue in 2016

Sales hit $63.7 million in the fiscal year ended February 29, 2016, up from $32.5 million in the prior year, according to unaudited results released by the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Direct Sales Drive Educational Development Corp.

Educational Development Corp. added 1,862 home sale reps in the first quarter, helping to drive a 59% jump in sales in the home business division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-20 00:00:00 UTC ]
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Educational Development Corp. Has Record Year

Sales rose 25% at Educational Development Corp. for the fiscal year ended February 28, 2015, and net earnings jumped to $859,200 in the year, up from $357,600 in fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-02 00:00:00 UTC ]
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EDC Sales, Earnings Plunged in Fiscal 2023

Educational Development Corp., whose business soared during the pandemic, continues to struggle to find a firm financial footing in the new normal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-15 04:00:00 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


Earnings Dive at Barnes & Noble Education in Q2

A 22% decline in sales in its retail division led to a 79% drop in net income at Barnes & Noble Education in the second quarter ended October 31, 2020, compared to last year. Textbook sales fell and general merchandise revenue took a big hit. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-08 05:00:00 UTC ]
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July Sales Jumped in Trade, Fell in Education

Sales of adult books rose 20.9% in the month over July 2019, and sales in the children/young adult category increased 14.5%, according to AAP's StatShot program. Sales in the K-12 instructional materials category fell 24.9% compared to last July, while sales in the higher educational course... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-10 04:00:00 UTC ]
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Sales, Earnings Down at HC in Fiscal 2020

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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Number of Self-Published Titles Jumped 40% in 2018

The number of books self-published in the U.S.in 2018 jumped 40% over 2017, according to Bowker’s annual survey of the self-publishing market. More than 1.6 million books were self-published last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-15 04:00:00 UTC ]
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Scholastic's Earnings Take Big Hit in Fiscal 2019

Scholastic cited a host of factors for a 55% decline in operating income in the fiscal year ended May 31, 2019. Revenue rose 2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Welbeck's Mortimer Books sees 29% sales jump in 2018

Welbeck Publishing Group has announced net sales were up for 2018 by 29% at Mortimer Books, the company it acquired when it took on Carlton this year. Continue reading at The Bookseller

[ The Bookseller | 2019-07-22 18:46:43 UTC ]
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Audiobook Sales Jumped 24% in 2018

Publishers’ sales of audiobooks rose 24.5% in 2018 over 2019, reaching $940 million, according to the recent sales survey sponsored by the Audio Publishers Association. Digital audio accounted for 91% of sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-17 04:00:00 UTC ]
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Sales, Earnings Up at Bloomsbury in Fiscal 2019

Strong revenue gains in the U.K. publisher's academic and professional division offset declines in its children's trade group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-21 04:00:00 UTC ]
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