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, as well as higher labor and fuel costs. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Other Publishing stories related to: 'Scholastic Posts Gains in Q3, Eyes Higher Costs'


Sarah Vaughan | 'I am fascinated by why people are willing to put themselves in the public eye'

Sarah Vaughan returns to the corridors of Westminster in a thrilling new story of power plays. Continue reading at The Bookseller

[ The Bookseller | 2021-12-10 05:20:09 UTC ]
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Ramsey seeks to sculpt post-pandemic plan for Edinburgh after ‘whirlwind’ time

After 26 years at Edinburgh University Press, Nicola Ramsey was named its interim c.e.o. five months ago, and has wasted no time looking to the future. Continue reading at The Bookseller

[ The Bookseller | 2021-11-27 02:50:31 UTC ]
More news stories like this | News stories tagged with: #months ago


Canada Post unveils stamp celebrating literary luminary Margaret Atwood

Margaret Atwood is being celebrated for her contributions to Canadian literature with a special stamp, unveiled on Thursday. Continue reading at CBC

[ CBC | 2021-11-25 20:33:03 UTC ]
More news stories like this | News stories tagged with: #margaret atwood #canadian literature


Ellams, Sode and Benson contribute to new flipped eye anthology

Independent poetry-focused press flipped eye publishing is releasing a new poetry anthology featuring contributions from UK-based Black poets including Inua Ellams, Yomi Sode, Dzifa Benson and Nick Makoha. Continue reading at The Bookseller

[ The Bookseller | 2021-11-25 04:56:57 UTC ]
More news stories like this | News stories tagged with: #yomi sode #anthology


‘In the Eye of the Wild,’ a Haunting Memoir About Life After a Bear Attack

The anthropologist Nastassja Martin has written a slender but expansive book in which she grapples with the physical and philosophical fallout of a near-death experience. Continue reading at The New York Times

[ The New York Times | 2021-11-24 10:00:04 UTC ]
More news stories like this | News stories tagged with: #near-death experience #memoir


K-12 Segment Drives Publishing Gains in September

Sales of K-12 materials rose 35.2% in September and were up 32.7% for the first nine months of the year, offsetting declines in several other publishing areas, including adult trade. The K-12 segment was the big driver for industry sales through the first nine months of 2021, rising 32.7%.... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-22 05:00:00 UTC ]
More news stories like this | News stories tagged with: #industry sales #offsetting declines #big driver


Faber m.d. Cannam bullish about the indie’s future after posting record results

Having taken the reins at Faber & Faber in April, Mary Cannam was able to report record turnover and profit in its most recent results—but there remains plenty of work to do, she says.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-09 02:22:31 UTC ]
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Trade Segments Had Double-Digit Gains in August

The trade publishing segment continues to perform well in 2021, with August sales up 15.1% in the adult category and ahead 21.8% in the children’s/young adult segment at publishers that report results to the Association of American Publishers’ StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #american publishers #trade segments #double-digit gains #adult category #report results #trade publishing


Trade predicts pressures on profits as costs rocket

The industry is facing an escalation in costs, as soaring energy prices and rising shipping fees add to the financial implications of distribution delays, with publishers, printers, analysts and retailers predicting pressure on profits and the likelihood of costs being passed on to consumers. Continue reading at The Bookseller

[ The Bookseller | 2021-10-29 15:37:05 UTC ]
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Amazon Growth Slows, Costs Jump

Amazon has seen huge gains in sales and profits since the pandemic began, but growth in the third quarter was a modest 15%. The company is spending billions to cope with supply chain issues and labor shortages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #huge gains #pandemic began #spending billions #labor shortages


HBG Sales Fell 9% in Q3

Third quarter sales fell 9% at Hachette Book Group for the period ended August 31, 2021, contributing to a 1.2% drop in total sales for Lagardère's publishing group. Despite the quarterly decline, sales for the first nine months of 2021 were up 9% over a year ago for the entire publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-28 04:00:00 UTC ]
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Zephaniah writes 'powerfully moving' Windrush picture book for Scholastic

Benjamin Zephaniah is writing a “powerfully moving” picture book about the voyage of "HMT Empire Windrush" to be published by Scholastic UK in April 2022.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-23 10:30:14 UTC ]
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Scholastic sniffs out two more from Stephen and Anita Mangan

Scholastic UK has picked up a two more middle-grade titles from brother-sister duo Stephen and Anita Mangan.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 02:47:45 UTC ]
More news stories like this | News stories tagged with: #scholastic uk #middle-grade titles #scholastic


Scholastic picks up trans teen memoir from Hancox

Scholastic has swooped on Welcome to St Hell, a "groundbreaking" YA memoir about being a trans teen, written and illustrated by influencer and filmmaker Lewis Hancox.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-18 19:31:24 UTC ]
More news stories like this | News stories tagged with: #scholastic #memoir


Succession at Scholastic Seemed to Be a Shock, Even to the New Chairwoman

The powerhouse children’s publisher, known for Harry Potter, had been passed from father to son until Iole Lucchese, a top executive, was given control. Continue reading at The New York Times

[ The New York Times | 2021-10-18 18:41:08 UTC ]
More news stories like this | News stories tagged with: #harry potter #top executive #scholastic


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 ]
More news stories like this | News stories tagged with: #adult fiction #print books #print book


A Memoir of Post-Genocide Refugee Life Rendered With Delicacy and Insight

In “Those We Throw Away Are Diamonds,” Mondiant Dogon, a survivor of the Rwandan genocide, recounts a saga of horror, frustration and hope. Continue reading at The New York Times

[ The New York Times | 2021-10-12 09:00:07 UTC ]
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James Patterson and Scholastic are joining forces to mitigate illiteracy.

In rather heartwarming news, bestselling novelist James Patterson is working with Scholastic Book Clubs to tackle literacy inequity. On Monday, Scholastic announced that Patterson had donated $1.5 million to help launch “The United States of Readers,” a classroom initiative created to address... Continue reading at Literrary Hub

[ Literrary Hub | 2021-09-28 17:26:56 UTC ]
More news stories like this | News stories tagged with: #scholastic announced #james patterson #joining forces #scholastic


Keeping events accessible in a post-pandemic landscape

The Covid-19 lockdowns have drastically altered book trade events and made a number of them more accessible, but how can we ensure they remain so in the years to come?   Continue reading at The Bookseller

[ The Bookseller | 2021-09-26 16:12:25 UTC ]
More news stories like this | News stories tagged with: #covid-19 lockdowns #book trade


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 ]
More news stories like this | News stories tagged with: #good start #rising costs #supply chain #scholastic