Profits Double at EDC

Net earnings at Educational Development Corp. rose to $1.2 million in the quarter ended May 31, 2107 over the comparable period a year ago. Sales were up 20%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
News tagged with: #profits double #net earnings #quarter ended

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Queer Indie Bookstore Splits Profits with LGBTQ Authors

A new queer indie bookstore is splitting profits with LGBTQ authors and spreading queer joy and literacy with a rainbow book bus. Continue reading at Book Riot

[ Book Riot | 2023-06-20 10:40:00 UTC ]
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APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year

The Audio Publishers Association finds in its annual report that audiobook sales generated $1.8 billion in the United States in 2022. The post APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-01 15:27:14 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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Not for Profit: Spotlight on Judith Van Ginkel

In Chasing Success, the author leverages a wealth of experience to offer lessons and best practices for nonprofit leaders, funders, policymakers, and students. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-06 04:00:00 UTC ]
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Double Vision: A Reading List of Twins in Literature

Sometimes, the most powerful stories to read are the ones you see yourself, or a part of yourself, reflected back in. Growing up as a quadruplet, I always knew there was something rare about me and my sisters. Strangers at the mall would stop our stroller procession and ask questions like, Hold... Continue reading at Literrary Hub

[ Literrary Hub | 2023-04-19 08:51:36 UTC ]
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Profits Jumped at Quarto Group in 2022

Despite a decline in sales, cost controls and a rebound in its custom publishing operation led to a 67% jump in profits for Quarto Group in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarto #cost controls #quarto group #profits jumped


Profits Fell 11% at Penguin Random House in 2022

Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-30 04:00:00 UTC ]
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Attempts to Ban Books Doubled in 2022

A new report from the American Library Association showed a spike in censorship efforts, with 1,269 attempts. Continue reading at The New York Times

[ The New York Times | 2023-03-23 13:10:19 UTC ]
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Should Public Libraries Double Down on Print Book Collections?

Data from the IMLS show gate counts and circulation have been falling for more than a decade. U.K.-based library advocate Tim Coates says print books hold the key to reversing the trend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-10 05:00:00 UTC ]
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Saturday AM Doubles Down on Manga for All

Now in its second year, the brand’s publishing partnership with The Quarto Group continues to bring inclusive, global manga to the masses. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-13 05:00:00 UTC ]
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EDC Works to Rebound

Educational Development Corp. continues to work through a host of issues since its sales and earnings peaked in the fiscal year ended February 28, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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Scholastic Posts Second-Quarter Double-Digit Gains in Sales and Earnings

A 19% increase in Scholastic's children's book publishing and distribution segment drove total sales up 12% in the second quarter, while operating income rose 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
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Unnamed Press and Rare Bird Now Double as Indie Booksellers

The two Los Angeles–based independent publishers opened North Figueroa Bookshop earlier this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-14 05:00:00 UTC ]
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Profits, Sales Tumble at HarperCollins

Sales dropped 11% and profits plunged 54% in the quarter ended September 30 at HarperCollins. Much lower sales of print books through Amazon impacted the revenue decline, and higher costs across the board contributed to the profit drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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S&S Sales Up 10% in Q3, but Profits Are Flat

Though its third-quarter results slowed compared to the first half of 2022, Simon & Schuster remains on track to have a record year, which CEO Jonathan Karp attributed to employees' ability to stay focused on books despite the company being for sale for more than two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-02 04:00:00 UTC ]
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Quarto Posts Big Jump in Profits

Quarto Group reported that revenue rose 9% in the first six months of 2022 over the comparable period in 2021, to $61.9 million, and net income jumped 124%, to $4.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-30 04:00:00 UTC ]
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Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
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LibraryPass Says Comics Plus Circulation Has Doubled in First Half of 2022

Comics Plus readers drove nearly half a million checkouts of digital comics, graphic novels, and manga through more than 2,000 schools and libraries through the first half of 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
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Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
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EDC's Revenue Returns to Earth

After hitting a record high of $204.6 million in the fiscal year ended February 28, 2021, revenue at Educational Development Corp. fell 30.3% in fiscal 2022, dropping to $142.2 million. Net earnings declined 34.1%, to $8.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #record high