S&S Posts Q2 Profit Gain Despite Sales Decline

Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
News tagged with: #sales decline #distribution costs #9% increase #8% drop

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Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Publishing Sales Had Small Gain in January

Led by a 44.1% increase in sales of K-12 instructional materials and double-digit gains in the children’s/young adult and religious press segments, industry sales rose 3.7% in January, according to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-11 05:00:00 UTC ]
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HMH Posts Gains in 2021

Two days after announcing it had reached an agreement to sell itself to Veritas Capital, Houghton Million reported a 25% increase in revenue and a rebound in earnings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-24 05:00:00 UTC ]
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Sales, Earnings Up in Q2 at Wiley

With all three of its operating segments posting increases, John Wiley & Sons reported that revenue for the second quarter ended October 31, 2021, rose 9% over last year, to $533 million, and operating income increased 6%, to $73.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-07 05:00:00 UTC ]
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Regnery Had Small Q3 Sales Gain

Regnery Publishing had a small sales increase in the third quarter, while Salem Author Services had a 27% jump in self-publishing fees, leading to a 5.6% increase in revenue, to $5.7 million, at Salem Media's publishing group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Newton hails record first-half profits and sales at Bloomsbury

Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 14:20:32 UTC ]
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Germany's Thalia reports sales uplift, but profits suffer

German book chain Thalia has come through the pandemic in better shape than expected with sales up 7% to more than €1.1bn (approximately £928m) in the 12 months to 30th September in Germany and Austria. Continue reading at The Bookseller

[ The Bookseller | 2021-10-22 15:52:53 UTC ]
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Fiction Drove Small Gain in Print Book Sales Last Week

Gains of 26% in both the adult fiction and young adult fiction categories combined to increase total unit sales of print books by 2% last week over the comparable week in 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
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Amazon Sales Only Rose 27% in Q2

Second-quarter revenue increased by 27% at Amazon over last year's second period, as business began to return to more normal buying trends following months of pandemic-fueled shopping. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-30 04:00:00 UTC ]
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Declines in Nonfiction Dropped Print Book Sales Last Week

With sales in nonfiction categories all falling again, unit sales of print books declined 4.9% last week compared to the week ended July 25, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-29 04:00:00 UTC ]
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Fiction Leads Another Week of Sales Gains

Unit sales of print books rose 4.8% last week over the week ended June 12, 2020, as adult fiction sales rose 23%. 'The President's Daughter' by James Patterson and Bill Clinton was the week's top seller. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-17 04:00:00 UTC ]
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Print Unit Sales Had Double-Digit Gain at April’s End

Unit sales of print books increased 12.4% in the week ended May 1, 2021, over the comparable period in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Adult Titles Drove a 24% Print Book Sales Gain Last Week

Unit sales of print books rose 24% last week over the comparable week in 2020. Sales of travel books continued to rebound after a disastrous 2020, and graphic novel sales soared again. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-29 04:00:00 UTC ]
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Sales of Adult Titles Had Big Gains Last Week

Unit sales of print books jumped 35% last week over the comparable week in 2020, driven by huge sales gains for adult books. At this point last spring, sales of adult books were soft because of the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-23 04:00:00 UTC ]
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Print Unit Sales Finish February with 26% Gain

With the help of strong backlist sales, unit sales of print books rose 26% in the week ended Feb. 27, 2021, over the similar week last year, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-05 05:00:00 UTC ]
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The New York Post Made a Profit. Really.

News Corp reported a decline in its overall revenue and a pretax profit of $497 million for the three months ending in December. Continue reading at The New York Times

[ The New York Times | 2021-02-04 23:45:40 UTC ]
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Bookshop and Libro Post Strong Sales in 2020

Bookshop and Libro.fm, which help independent booksellers sell online, reported huge gains in 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-08 05:00:00 UTC ]
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Big Publishers Post Big Third- Quarter Gains

The easing of lockdowns and strong increases in digital sales led to double-digit sales gains for four trade publishers that reported financial results for the quarter ended September 30 over the same period in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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S&S Has Gains in Sales, Earnings in Q3

With sales of both print and digital books rising in the third quarter, revenue at Simon & Schuster increased 28.5% over the quarter ended September 30, 2109, and profits were up 5.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #digital books