Scholastic Has Good Start to Fiscal 2022—with a Caveat

Scholastic reported higher sales and a smaller loss in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021, and while it said business is improving, it did point to some “headwinds” which all publishers are facing: rising costs and disruptions in the supply chain. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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Scholastic's Earnings Take Big Hit in Fiscal 2019

Scholastic cited a host of factors for a 55% decline in operating income in the fiscal year ended May 31, 2019. Revenue rose 2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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‘Becoming’ Gets the Holidays Off To a Good Start

Michelle Obama’s book was a big hit at indies, but booksellers are keeping an eye on key titles amid reports of potential shortages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-30 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Indies Signal Good Start to Holiday Sales

Booksellers were pleased with the start of the official holiday shopping season following strong sales on Black Friday and Small Business Saturday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-01 00:00:00 UTC ]
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Scholastic Results Rose in Fiscal 2017

Revenue at the publisher rose 4% in fiscal 2017 over the previous year, and operating income increased 17%. In announcing its latest financial results, the company also unveiled a program called Scholastic 2020, which aims to drive long term improvement in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-20 00:00:00 UTC ]
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Scholastic Posts Solid Fiscal 2016 Results

Led by a 14% increase in revenue in its trade division, total sales at Scholastic rose 2% in the fiscal year ended May 31, 2016 over fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-20 00:00:00 UTC ]
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Good Start for HMH Trade

Sales in Houghton Mifflin Harcourt’s trade division rose 5% in the first quarter ended March 31, 2105 over the first quarter of 2014 and the loss was trimmed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-07 00:00:00 UTC ]
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Scholastic Completes Solid Fiscal 2014

Total revenue at Scholastic rose 2% in the fiscal year ended May 31, 2014, to $1.82 billion, and operating income fell 7% to $63.1 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-24 00:00:00 UTC ]
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BookCon Off to a (Mostly) Good Start

The debut of BookCon on the last day of this year’s BookExpo America was a solid one, but there was room for improvement, especially in terms of crowd control. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Bologna 2022: Marie-Aude Murail and Suzy Lee Win 2022 Hans Christian Andersen Awards

This year’s recipients of the Hans Christian Andersen Award are France’s Marie-Aude Murail (l.), for writing; and Suzy Lee, from the Republic of Korea, for illustration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-22 04:00:00 UTC ]
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The Good Book's Not So Good Numbers

The 'State of the Bible' finds reading frequency is slumping although the use of apps and listening to audio versions of Scripture is on the rise. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-25 04:00:00 UTC ]
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Sponsored Content Needs More Than Good Storytelling, It Needs a Good Story

Sponsored content doesn’t have to be an oxymoron. As publishers and marketers double down on their commitment to providing deeper branded experiences, instead of traditional advertising, the rules of the road are becoming clearer on both sides. And more so than just four or five years ago;... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-05 17:34:24 UTC ]
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Dr. Oz The Good Life Is Good Business

With a rising rate base, the magazine will jump up to 925,000 at the start of 2017. The post Dr. Oz The Good Life Is Good Business appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-10-07 00:00:00 UTC ]
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Good News for Dark Times: Lisa Sharon Harper’s ‘Very Good’ Gospel

In her new book ‘The Very Good Gospel,’ Harper examines the first three chapters of Genesis to reveal readings from the gospel that speak to today’s anxious minds, racial divisions, and threats of violence. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-13 00:00:00 UTC ]
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TLA 2024 Preview: Leading the Way in the Lone Start State

Under the conference theme “Stories Inspire. Opportunities Await,” Texas Library Association leaders say the 2024 annual conference, set for April 13-16 in San Antonio, is expected to draw more than 5,000 attendees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-29 04:00:00 UTC ]
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Why media companies are still hybrid, four years since the pandemic started

Four years since the start of the pandemic, most large digital publishers still have hybrid working models. Is this the new normal? Continue reading at Digiday

[ Digiday | 2024-03-22 04:01:00 UTC ]
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Scholastic in $186 Million Deal with 9 Story

Scholastic has acquired 100% of the economic interest in 9 Story Media Group, a Toronto-based creator, producer, and distributor of children’s content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-12 04:00:00 UTC ]
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