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 ]
News tagged with: #scholastic

Other Publishing stories related to: 'Scholastic Posts Gains in Q3, Eyes Higher Costs'


Club, Fair Declines Plague Scholastic

Cost cuts improved Scholastic's bottom line in the first quarter, but sales at book fairs and book clubs tumbled during the period, and are expected to remain low in the current quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bottom line #book fairs


Spotify Eyes Audiobooks

The music streaming giant is poised to enter the audiobook market. Here's what that means for publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook market #audiobook


Children's non-fiction poised for record year as Q3 sales leap 25%

Children's books have seen a boom during coronavirus-hit 2020 with non-fiction heading for a record year, according to Nielsen. Continue reading at The Bookseller

[ The Bookseller | 2020-09-24 11:31:27 UTC ]
More news stories like this | News stories tagged with: #record year


Inside the Washington Post newsroom: History-making moments and good gossip

Former editor Leonard Downie Jr. offers a behind-the-scenes account of his 44 years at the newspaper. Continue reading at The Washington Post

[ The Washington Post | 2020-09-18 12:00:00 UTC ]
More news stories like this | News stories tagged with: #behind-the-scenes account


Preparing for the Post-Sargent Era

After the sudden and unexpected loss of its CEO, Macmillan looks to move forward. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #move forward #macmillan


Scholastic UK scores with novel from Ian Wright

Scholastic UK has acquired Striking Out, a novel for children based on the life of footballer Ian Wright. The title is written by Wright in partnership with Musa Okwonga. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 21:16:33 UTC ]
More news stories like this | News stories tagged with: #scholastic uk #scholastic


September Begins with a 17.5% Gain in Unit Sales

With all but one category posting double-digit gains, unit sales of print books rose 17.5% in the week ended Sept. 5, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-11 04:00:00 UTC ]
More news stories like this |


Hong Kong’s trade eyes uncertain future

The recent imposition of a new National Security Law in Hong Kong was followed by a crackdown on libraries. There are now signs that it is also affecting the work of publishers and booksellers. Continue reading at The Bookseller

[ The Bookseller | 2020-09-11 03:19:34 UTC ]
More news stories like this | News stories tagged with: #hong kong


Ayad Akhtar’s play ‘Disgraced’ won a Pulitzer Prize. Now ‘Homeland Elegies’ shows what that success cost him.

Akhtar has crafted a phenomenal coalescence of memoir, fiction, history and cultural analysis. Continue reading at The Washington Post

[ The Washington Post | 2020-08-31 10:55:09 UTC ]
More news stories like this | News stories tagged with: #pulitzer prize


Can You Guess the Book Based on its “Am I the A**hole” Post?

Am I the Asshole is an infamous subreddit where people vote who the asshole is in a situation. Can you guess the book based on its AITA post? Continue reading at Book Riot

[ Book Riot | 2020-08-26 10:35:00 UTC ]
More news stories like this | News stories tagged with: #book based


August Kicks Off with Big Gain in Print Unit Sales

Driven by strong sales from a host of new titles, unit sales of print books jumped 24.8% in the week ended Aug. 8, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-14 04:00:00 UTC ]
More news stories like this | News stories tagged with: #big gain #strong sales


US Book Industry: NPD Sees More Gains in July, 16 Percent Over 2019

The book trade continues a run of some 15 weeks of upward lift in the US market, says NPD's Kristen McLean, especially good 'for the dog days of summer.' The post US Book Industry: NPD Sees More Gains in July, 16 Percent Over 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-13 13:15:23 UTC ]
More news stories like this | News stories tagged with: #npd sees #book industry #kristen mclean #dog days #book trade


Why CEOS need to read poetry—yes, poetry—to lead in the post-COVID world

Leaders will need to be resilient, open-minded, and creative. Poetry can show them the way. “I would like to beg you, dear Sir, as well as I can, to have patience with everything unresolved in your heart and to try to love the questions themselves as if they were locked rooms or books written... Continue reading at Fast Company

[ Fast Company | 2020-07-28 03:00:09 UTC ]
More news stories like this | News stories tagged with: #post-covid world #foreign language #books written


In Lauren Beukes’s ‘Afterland,’ a mother and son go on the run in a post-pandemic America

Beukes imbues what could have simply been a sensational thriller with psychological depth and sharp detail. Continue reading at The Washington Post

[ The Washington Post | 2020-07-27 12:00:00 UTC ]
More news stories like this | News stories tagged with: #lauren beukes


Audible takes 'eye-opening' exploration of race and relationships

Audible is releasing an “eye-opening” exploration of race and relationships from couple Tineka Smith and Alex Court. Continue reading at The Bookseller

[ The Bookseller | 2020-07-26 18:03:26 UTC ]
More news stories like this |


Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
More news stories like this | News stories tagged with: #fiscal year #fourth quarter #scholastic


Post-pandemic Publishing for Indie Authors

Indie authors are well positioned to survive and thrive in the post-pandemic publishing landscape Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #indie authors


Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss #scholastic


Print Units Have Double-Digit Gain in Mid-July

With another strong showing by the juvenile nonfiction category, unit sales of print books rose 16.6% in the week ended July 18, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print units #double-digit gain #strong showing


Mary Trump Book Drove Sales Gains Last Week

Unit sales of print books rose 11.5% last week as Mary L. Trump's 'Too Much and Never Enough' sold over 337,000 print units at outlets that report to NPD BookScan. The juvenile nonfiction category had a 21.3% increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #3% increase