Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
News tagged with: #quarter loss #restructuring charges #higher costs #operating loss

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Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #restructuring charges #higher costs #operating loss


Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #expects sales #quarter loss #2% increase #scholastic


Wiley Second Quarter Marked by Rightsizing Efforts

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #5% drop #operating loss #financial forecast


Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Higher Costs Dent Earnings Gains at HarperCollins

Earnings in HarperCollins' second quarter ended December 31, 2021, rose 3% over a year ago, while sales increased 13%. The lower profits increase was due in part “to the increase in manufacturing and freight costs exacerbated by supply chain pressures,” parent company News Corp said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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Virus Leads to Down Fourth Quarter at Wiley

Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
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Investments Led to Higher Loss at Indigo

Investments in Indigo’s Canadian retail network led to an increase in the company’s losses, which rose to C$15.4 million last quarter. CEO Heather Reisman said the investments will position the book chain for future growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
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Wiley sees second quarter lift

Wiley saw a year-on-year revenue increase of 6% (3% at constant currency) in the second quarter to end October 2017, at $452m. Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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Scholastic Has Third Quarter Loss on Lower Sales

Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
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Sun publisher posts £250m loss due to write-down and hacking costs

Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a huge write-down and paying out further costs associated... Continue reading at The Guardian

[ The Guardian | 2016-03-23 00:00:00 UTC ]
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Bad Quarter for Wiley

Revenue at John Wiley dropped 9%, to $433.4 million, in the second quarter ended October 31, 2015, and net income decreased 19%, to $43.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Indigo Cuts First Quarter Loss

Indigo Books & Music reported a strong first quarter for fiscal 2016, with sales growth of 2.3% and a C$5 million reduction in its loss. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #sales growth


Amazon Has First Quarter Net Loss

Amazon had a first quarter net loss of $57 million, despite a 15% sales increase, to $22.72 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-23 00:00:00 UTC ]
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Book revenues decline in Wiley third quarter

2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #foreign exchange #essentially flat #financial year


Wiley Quarterly Results Up; Details Book Reorg

Revenue at John Wiley rose to $477 million in the second quarter ended October 31, 2014, from $449 million in the comparable period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-09 00:00:00 UTC ]
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Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Scholastic Has Higher Sales, Bigger Loss

Revenue at Scholastic hit $283.8 million in the first quarter ended Aug. 31, 2014. This figure is up 3% over the same period a year ago. The net loss increased to $34.1 million from $29.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-25 00:00:00 UTC ]
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B&N Quarterly Sales Fell 7%, But Losses Cut

Revenue at Barnes & Noble fell 7% in the first quarter ended August 2, to $1.23 billion, but the retailer cut its net loss to $28.4 million from $87.0 million in the first period of fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #net loss