Lackluster First Quarter for Scholastic

Revenue for the first quarter ended August 31 inched up 0.3%, to $191.2 million, over the first period of fiscal 2015 at Scholastic. The net loss increased to $49.4 million from $34.1 million a year ago. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-09-24 00:00:00 UTC ]

Other Publishing stories related to: 'Lackluster First Quarter for Scholastic'


Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
More news stories like this | News stories tagged with: #fiscal year


Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
More news stories like this | News stories tagged with: #fiscal year #fourth quarter #scholastic


Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss #scholastic


Sales fell 11% year-on-year in second quarter, Nielsen estimates

Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller

[ The Bookseller | 2020-07-05 21:42:39 UTC ]
More news stories like this | News stories tagged with: #bookshops reopened #nielsen


Scholastic CEO talks civil unrest, pandemic

When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News

[ ABC News | 2020-07-05 14:03:09 UTC ]
More news stories like this | News stories tagged with: #pandemic shut #scholastic


Stuart Lawrence's 'important' children's book to Scholastic UK

Scholastic UK has acquired Silence is Not an Option: You Can Impact the World for Change by Stuart Lawrence, the younger brother of Stephen Lawrence.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-15 10:32:15 UTC ]
More news stories like this | News stories tagged with: #stuart lawrence #scholastic uk #younger brother #scholastic #children's book


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 ]
More news stories like this | News stories tagged with: #lower sales #fourth quarter #earnings fell #print books #operating loss


Cincinnati startup beats out Lego, Scholastic for national award

A Cincinnati startup that creates software to aid school systems beat giants like Scholastic, LexisNexis, Encyclopedia Britannica and Lego Education to win a rigorously judged national award that its CEO hopes will help propel the company into more schools. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-10 17:11:55 UTC ]
More news stories like this | News stories tagged with: #encyclopedia britannica #scholastic


Bloomberg Launches Green-Themed Quarterly Magazine

On Tuesday, Bloomberg Media launched Bloomberg Green, a new quarterly print magazine focused on climate change solutions. The latest offshoot of the "Bloomberg Green" brand, which first debuted in January, the print edition complements an existing web vertical and daily newsletter of the same... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-09 21:09:53 UTC ]
More news stories like this | News stories tagged with: #long time #important topics #morgan stanley #costs $5 #digital subscription #future issues


Coronavirus Impact: Scholastic Adjusts Its Summer Reading Program

As much as 30 percent of typical annual reading gains may not be carried into schoolwork in the autumn, says an NWEA report, as the COVID-19 pandemic affects US education. The post Coronavirus Impact: Scholastic Adjusts Its Summer Reading Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-08 12:33:09 UTC ]
More news stories like this | News stories tagged with: #coronavirus impact #scholastic


EDC on Track for Record First Quarter

After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #fiscal year


Scholastic builds anticipation online for Hunger Games prequel

Scholastic has been building anticipation online for Suzanne Collins' eagerly awaited prequel to the Hunger Games series, The Ballad of Songbirds and Snakes. Continue reading at The Bookseller

[ The Bookseller | 2020-05-17 18:28:18 UTC ]
More news stories like this | News stories tagged with: #scholastic


S&S sales rise in first quarter

Simon & Schuster's worldwide revenues rose to $170m in the three months to the end of March, up from $164m in the same quarter in 2019, parent company ViacomCBS has reported.  Continue reading at The Bookseller

[ The Bookseller | 2020-05-11 08:42:31 UTC ]
More news stories like this | News stories tagged with: #simon schuster


HarperCollins sales down 2% in third quarter

Global revenues at HarperCollins fell 2% year on year for the three months ending 31st March while parent firm News Corp reported an 8% decline over the same period. Continue reading at The Bookseller

[ The Bookseller | 2020-05-10 13:25:40 UTC ]
More news stories like this | News stories tagged with: #harpercollins sales #global revenues #8% decline #news corp #harpercollins


First Quarter Industry Report: The Coronavirus Hits China’s Publishing

A first assessment of the Chinese market, January to March, shows physical bookstore sales plunging 60+ percent, printing stalled, supply chain disrupted. The post First Quarter Industry Report: The Coronavirus Hits China’s Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-05 03:15:53 UTC ]
More news stories like this | News stories tagged with: #publishing appeared #chinese market #bookstore sales


Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
More news stories like this | News stories tagged with: #bertelsmann reports #quarter decline #bertelsmann #penguin random house


Scholastic UK acquires 'heart-stopping' Windrush story by Zephaniah

Scholastic UK is to publish Windrush Child by Benjamin Zephaniah as part of its Voices series.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-28 09:03:54 UTC ]
More news stories like this | News stories tagged with: #benjamin zephaniah #scholastic


Pearson down 5% in first quarter amid Covid-19 disruption

Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 16:58:47 UTC ]
More news stories like this | News stories tagged with: #5% fall #global revenues #pearson


Boldwood adds another six authors after 'strong' first quarter

Boldwood Books has added another six authors to its list and reported a “strong” first quarter in 2020, with a marked increase in e-book sales during the lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-21 08:34:57 UTC ]
More news stories like this | News stories tagged with: #boldwood books #e-book sales


Scholastic UK to publish new series by Amy Timberlake and Jon Klassen

Scholastic UK has acquired three books in the Skunk and Badger series by author Amy Timberlake and illustrator Jon Klassen. Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 09:03:03 UTC ]
More news stories like this | News stories tagged with: #scholastic uk #jon klassen #scholastic