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 ]
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Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Indies Signal Good Start to Holiday Sales

Booksellers were pleased with the start of the official holiday shopping season following strong sales on Black Friday and Small Business Saturday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-01 00:00:00 UTC ]
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Soft July for Trade Sales

Sales in the children’s/young adult segment fell 36.8% in July, compared to same period a year ago, according to figures release by the AAP. The decline is due, in large part, to the fact that July 2017 did not see a hit like July 2016, when 'Harry Potter and the Cursed Child' was dominating... Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-20 00:00:00 UTC ]
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With Strong Q3, HMH Trade Sales Continue to Roll

Sales in the period for Houghton Mifflin Harcourt's trade group rose 11.7%, over the comparable period in 2016. The publisher said the gain was thanks, in large part, to a jump in sales of both print and digital books. Sales in HMH's education segment fell by $6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-02 00:00:00 UTC ]
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US Industry Sales for Half of 2017: Looking Good, So Far

Showing upticks for both adults and children's/YA book sectors, the news looks good for the first half of 2017–if adjustments don't change things. The post US Industry Sales for Half of 2017: Looking Good, So Far appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-27 00:00:00 UTC ]
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With No Potter, Sales Plunged at Scholastic in Q1

A 52% decline in Scholastic's children’s book publishing group was blamed on the absence of a major bestseller. In fiscal 2017, the publisher's sales were driven by 'Harry Potter and the Cursed Child,' which was released during the first quarter of last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-21 00:00:00 UTC ]
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AAP Reports Downturn in Trade Sales for April 2017

Due to declining ebook sales and a major drop-off in mass market, sales of adult books and children's books were down in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-11 00:00:00 UTC ]
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Despite a Lift in Sales, B&NE Sees Losses Jump in Q1

The February 2017 acquisition of MBS was the major driver of a 48.7% jump in sales at Barnes & Noble Education in the quarter ended July 29. The net loss in the period, however, was $34.8 million, up from $27.9 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-30 00:00:00 UTC ]
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HMH Trade Sales Rose 9.8% in Q2

HMH attributed the improved financial performance to strong frontlist, ebook and backlist sales. The publisher touted, in particular, sales of 'The Handmaid's Tale,' in speaking to its solid backlist and ebook numbers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-03 00:00:00 UTC ]
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Adult Trade, College Material Sales Up in Q1

The adult trade segment was one of three major publishing categories to have an increase in the first three months of 2017 over 2016. The higher educational course materials segment had the largest gain in the period, with sales up 24.3%, according to the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-01 00:00:00 UTC ]
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Connect Books sales up 12% in latest trading update

Connect Books saw a 12% year-on-year rise for the 45-week period to 15th July 2017, with strong sales in UK and Wordery offsetting weaker sales in libraries. Continue reading at The Bookseller

[ The Bookseller | 2017-07-25 00:00:00 UTC ]
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Despite Upswing in Sales, Quarto Reports Loss in 2016

A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Adult Trade Sales Slipped in First Nine Months of 2016

Sales of adult trade books fell 1.6% in the first nine months of 2016 compared to the same period in 2015, according to figures released by the AAP as part of its StatShot program. Sales of children’s and young adult books increased 4.9% in the same period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Book trade sees strong Christmas sales

The book market has seen strong Christmas trading, with the week leading up to the big day ranking the highest in value since 2007, figures from Nielsen BookScan have shown. Continue reading at The Bookseller

[ The Bookseller | 2017-01-04 00:00:00 UTC ]
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Norton Names Steven Pace Director of Trade Sales

Steven Pace, the sales director at Workman, will join W. W. Norton on January 2 as its new director of trade sales, replacing longtime v-p and trade sales director William F. Russin. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-14 00:00:00 UTC ]
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Goode joins Hachette Children's as sales director

Nicola Goode is leaving DK as head of sales to join Hachette Children’s Group in February as sales director. She replaces Jason McKenzie, who will be leaving the company at the end of January. Continue reading at The Bookseller

[ The Bookseller | 2016-12-09 00:00:00 UTC ]
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Digital sales down 19%, but print strong for trade publishers in first half

Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-11-04 00:00:00 UTC ]
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AAP Reports Uptick in Trade Sales for May

Sales of adult trade books rose 8.9% this May, over May 2015, according to figures released by the Association of American Publishers in its StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
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US trade sales up 3.4% in April

Sales of trade books increased 3.4% in the US in April, although overall publisher revenues were down 7%, according to the Association of the American Publishers. Continue reading at The Bookseller

[ The Bookseller | 2016-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade sales #publisher revenues #american publishers