Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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Sales Dip, Losses Rise at Books-A-Million

Sales for the third quarter ended November 2 at Books-A-Million fell 3.5%, to $100.4 million, and its net loss deepened to $7.1 million, from $2.8 million in the third period of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-26 00:00:00 UTC ]
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Third-quarter rise for Simon & Schuster

Simon & Schuster has reported a third quarter revenue rise, said to reflect the rise in... Continue reading at The Bookseller

[ The Bookseller | 2013-11-07 00:00:00 UTC ]
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Scholastic Cuts Loss Despite Sales Drop

Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8% decline in total sales at Scholastic for the first quarter ended August 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-19 00:00:00 UTC ]
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B&N Reports $124M First Quarter Loss; Riggio Stands Pat

B&N chair Len Riggio is not buying the B&N retail business—at least not yet. B&N reported a fiscal 2014 first quarter consolidated loss of $87 million, up from the $40 million loss reported for the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-20 00:00:00 UTC ]
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Hastings Reports $4.1M Second Quarter Loss

Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-19 00:00:00 UTC ]
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Sales Rise at HMH, Loss Cut

With sale up in both its education and trade groups, total revenue at Houghton Mifflin Harcourt rose 5% in the second quarter ended June 30, 2013 compared to the second quarter of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-15 00:00:00 UTC ]
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Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Bertelsmann sees group profit rise in first quarter

Random House parent Bertelsmann has made "significant strides" in implementing its... Continue reading at The Bookseller

[ The Bookseller | 2013-05-16 00:00:00 UTC ]
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Profits rise at S&S in first quarter

Profits at Simon & Schuster have risen in the in the first quarter of 2013, despite a fall in... Continue reading at The Bookseller

[ The Bookseller | 2013-05-02 00:00:00 UTC ]
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Cost savings for Scholastic after revenues drop

Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
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'Strong quarter' for HC despite NewsCorp losses

HarperCollins UK has reported a strong quarter to end September 2012, despite a 48% fall in... Continue reading at The Bookseller

[ The Bookseller | 2012-11-07 00:00:00 UTC ]
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Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
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News Corp Registers $1.6 Billion Fourth-Quarter Loss

Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun. The fourth quarter net loss was $1.6bn (&pound;1bn) compared with a net income of $6 ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-08 00:00:00 UTC ]
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HMV makes a profit from Waterstone's, as losses deepen

The HMV Group made a profit of £11.5m from the sale of book chain Waterstone's, but the... Continue reading at The Bookseller

[ The Bookseller | 2011-12-19 00:00:00 UTC ]
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Casting a wide net: the rise and rise of podcasts

Renowned for their diversity, the popularity of podcasts has skyrocketed in recent years. This has not passed publishers by with many harnessing the potential of the medium by launching their own shows. Continue reading at The Bookseller

[ The Bookseller | 2019-03-13 00:00:00 UTC ]
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Immigration in 2018: Rising tensions and rising voices

Nearly every morning, a pseudo-dystopian scene unfolds just steps away from America’s gates. At the San Ysidro Port of Entry in Tijuana, someone reads aloud from a mysterious, unsanctioned notebook filled with the names of thousands of people from across the globe. Each of them — including the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-29 00:00:00 UTC ]
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Publishing Industry Sales Were Flat in the First Quarter of 2023

Trade publishing sales saw declines in the first quarter, precipitated by drops in the adult nonfiction and children's/YA categories, although audio continues to be a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-16 04:00:00 UTC ]
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HarperCollins Profits Slow Down in the Third Quarter

HarperCollins eked out only a small profit in its latest quarter, with a 14% increase in digital audiobook sales insufficient in offsetting softer sales to Walmart and Costco and slowing sales of romance books and children's books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
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