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 ]
News tagged with: #lower sales #print books #revenue decline #higher costs

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April Bookstore Sales Tumbled 65.3%

Bookstore sales plunged 65.3% in April compared to April 2019, tumbling to $219 million. April is expected to be the worst month for bricks-and-mortar stores, with advance sales for May released by the U.S. Census Bureau showing improvement in total retail sales for the month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #april compared #worst month #bricks-and-mortar stores #bookstore sales


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 ]
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Sales Fell, Earnings Rose in Q3 at HarperCollins

A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales fell #earnings rose #small gain #1% decline #sales compared #print sales


Coronavirus: LBF Says It’s a Go for Now; US Macmillan, Hachette Sales and HarperCollins Exit

Developing story: The States' Macmillan and HarperCollins pull out of London Book Fair over the weekend, along with the Hachette US rights team. The post Coronavirus: LBF Says It’s a Go for Now; US Macmillan, Hachette Sales and HarperCollins Exit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-02 12:52:26 UTC ]
More news stories like this | News stories tagged with: #post coronavirus #developing story #rights team #london book fair #macmillan #harpercollins #hachette


S&S Squeezes Out a Q3 Profit Despite Sales Decline

Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #profits rose #$1 million #simon schuster #9% drop #bob woodward


Earnings, Sales, Drop in Q1 at HarperCollins

Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #fiscal year #financial performance #harpercollins


HarperCollins sees flat annual sales, but record EBITDA

HarperCollins’ global sales recorded a disappointing fourth quarter, down from $490m in 2018 to $419m in 2019, a decrease of 14%, for the three months ending 30th June. Continue reading at The Bookseller

[ The Bookseller | 2019-08-09 05:11:55 UTC ]
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Sales Dipped, Profits Rose in First Six Months at HBG

Revenue at Hachette Book Group fell 1.5% in the first half of 2019 compared to a year ago, but profits were up. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Sales, Profits Up in Q1 at S&S

Sales at Simon & Schuster rose 3% in the first quarter of 2019 over the comparable period in 2018, rising to $164 million from $160 million a year ago. Operating income increased 6%, to $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$164 million #$160 million


Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins publishers #record profits #partly due


HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebooks continue #book publisher


S&S 2018 Profits Up, Despite Small Sales Decline

A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #7% decline #6% drop #full year #simon schuster #6% increase #operating profits


Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rapid growth #profits jumped #$256 million


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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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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Derkacz to replace Wright as HarperCollins' group sales director

Anna Derkacz has been promoted to HarperCollins UK group sales director with immediate effect, joining the company's executive committee. Continue reading at The Bookseller

[ The Bookseller | 2018-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anna derkacz #executive committee


HarperCollins' third quarter sales up 6%

HarperCollins' global sales and earnings rose in the third quarter, with revenue for the period up 6% to $398m and EBITDA up 16% to $43m.  Continue reading at The Bookseller

[ The Bookseller | 2018-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales #global sales #earnings rose


Sales, Earnings Up at HarperCollins

Strong backlist and digital audio sales led to a 6% increase in revenue in the quarter ended March 30, 2018 over the comparable period a year ago at HarperCollins and earnings rose 16%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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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