Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at 'The Bookseller'

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Other Publishing stories related to: 'Pearson raises profit forecast, PRH sales down 'slightly''


PRH plans staff sale of 'Becoming' to empower the Advocacy Academy

Viking will be selling copies of Michelle Obama’s upcoming autobiography, Becoming, to PRH UK staff for £5-apiece on publication day to raise money for the Advocacy Academy. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #publication day #raise money


EDC Q2 Profits Jump on Small Sales Gain

Educational Development Corp.’s rapid revenue growth stalled in the second quarter ended August 31, 2018, but the company still posted earnings growth of nearly 44%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO

Kuala Lumpur is the 2020 World Book capital; more political books in the US released and compete with growing sales of Woodward's 'Fear'; and PRH has a new CFO. The post Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kuala lumpur #political books #growing sales


PRH first half sales down but core business remains 'strong'

Penguin Random House (PRH) has recorded a decline in sales and earnings for the first six months of 2018, owing to exchange rate effects, according to Bertelsmann's first-half operating results. Continue reading at The Bookseller

[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings drop #negative impact


B&N Education Sales Fall 5% in Q1, Loss Up Slightly

Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Further sales and profit lifts at CUP

Cambridge University Press saw turnover of £316m in the year to 30th April 2018, a headline rise of 3.1% on the previous year's total of £306m. Continue reading at The Bookseller

[ The Bookseller | 2018-08-01 00:00:00 UTC ]
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Pearson 'on track' for growth with first quarter sales up 1%

Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at The Bookseller

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


Quarto's children's sales grow but profits plunge in 'tough year'

The Quarto Group's sales declined marginally by 1.4% to £152.5m last year, however, its operating profits plunged 58% to £7.2m. Continue reading at The Bookseller

[ The Bookseller | 2018-03-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough year #quarto group #sales grow


Foyles to donate profits from far-right book sales to charity

Foyles is to donate the profits of its sales from far-right books to charity after it was targeted by an anti-fascist campaign. Continue reading at The Bookseller

[ The Bookseller | 2018-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book sales


S&S UK saw sales and profit rise in 2017

Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-02-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit rise #ss uk


Sales of Print Books Increased, Slightly, in 2017

Unit sales of print books rose 1.9% in 2017 at outlets that report to NDP BookScan. Units sold hit 687.2 million, up from 674.1 million in 2016. Since 2013, print unit sales are up 10.8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ndp bookscan


Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slip #profits jump #net income


Industry Notes: US Ebook Sales Slightly Up in May; Sourcebooks Signs With Gotham for Film, TV

First time in more than two years: the Association of American Publishers ' monthly StatShot report shows an increase in ebook sales in the US. The post Industry Notes: US Ebook Sales Slightly Up in May; Sourcebooks Signs With Gotham for Film, TV appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sourcebooks signs #american publishers #ebook sales


Bookstore Sales Jump, Slightly, in April

Bookstore sales rose 1.8% in April, over the same period in 2016, according to preliminary estimates released by the U.S. Census Bureau. Bookstore revenue was $714 million for the month, compared to $701 for the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #census bureau


Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales

Reports in Russia describe a 60-percent growth in ebook sales last year, and analysts say digital formats may grow at 30 to 50 percent for years to come. The post Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post russia #ebook sales #digital formats


PRH kicks off #MiniFest with £7k raised in charity walk

Employees of Penguin Random House UK have raised over £7,000 for creative writing and mentoring charity Ministry of Stories by completing a seven-mile walking route through London, including through the Royal Parks. Continue reading at The Bookseller

[ The Bookseller | 2017-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative writing


New roles for Fidler, Higgins and Roscoe in PRH sales, but Christie departs

Ed Christie, UK sales director at Random House, is leaving the company after 28 years, following a shake-up of PRH's UK sales leadership team. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh sales #random house


Sales, Earnings Fell at PRH in 2016

The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fell #6% drop #6% compared #operating margins


Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slipped #profits rose #simon schuster