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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Wiley Has Lackluster Fiscal 2019 Results

A 7% sales decline in its publishing business offset gains in John Wiley's solutions division and a small gain in research, leading to a 1% sales increase in fiscal 2019 over 2018. Operating income fell 3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business #small gain #john wiley


Licensing Expo 2019: Publishers Hunt New Revenue Streams

A number of publishers and licensors exhibiting at or attending this year’s Licensing Expo in Las Vegas are looking to license their proprietary, book-based brands to manufacturers of toys, arts and crafts, apparel, and other products. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-05 04:00:00 UTC ]
More news stories like this | News stories tagged with: #las vegas #licensing expo #revenue streams


Fiscal 2019 Results Up Educational Development Corp.

Net earnings rose 28.1% at EDC in the year ended February 28, 2019, over fiscal 2018, while sales increased 6.1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Book Expo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #annual meeting #town hall


BookExpo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #annual meeting #town hall


Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Sales, Earnings Up at Bloomsbury in Fiscal 2019

Strong revenue gains in the U.K. publisher's academic and professional division offset declines in its children's trade group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-21 04:00:00 UTC ]
More news stories like this | News stories tagged with: #trade group


Scholastic sees third-quarter revenue boost of 4%

Scholastic has reported a revenue rise of 4% year-on-year in its third quarter for the three months to 28th February, increasing from $344.7m (£261.3) to $360.1m (£273m) thanks to its children’s publishing division. Continue reading at The Bookseller

[ The Bookseller | 2019-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing division #28th february #4% year-on-year #revenue rise


Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 00:00:00 UTC ]
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Egmont reports 'record' revenue and profit growth

Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit growth


Elsevier records 2% lifts in revenue and profits

Elsevier saw 2% underlying revenue growth in 2018, according to the latest annual financial results filed by parent company RELX, to a total of £2,538m. Continue reading at The Bookseller

[ The Bookseller | 2019-02-22 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit growth


S&S sees second quarter profit and revenue rises

Simon & Schuster's revenue and operating income rose in the second quarter, helped by lower production costs. Continue reading at The Bookseller

[ The Bookseller | 2018-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster


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 ]
More news stories like this | News stories tagged with: #cursed child #harry potter #earnings dropped


B&N Will Open Five Prototype Stores in Fiscal 2019

The new stores will average about 14,000 sq. ft., making them roughly 12,000 sq. ft. smaller than the chain's current stores. The first prototype location is set to open in New Jersey in late summer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #late summer


Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Publishing Revenue at IDW Fell in Fiscal 2017

IDW Media reported that sales in its publishing group fell 12.1% in fiscal 2017 compared to fiscal 2016, but that it expects improved results in the current year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-30 00:00:00 UTC ]
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Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top half #prh sales


HC Profits Rise in Fiscal 2017

Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$199 million #fell slightly #fiscal year