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 ]
News tagged with: #earnings dropped #harry potter #cursed child

Other news stories related to: "Scholastic Sales and Earnings Dropped in Fiscal 2018"


Scholastic and B&N raise expectations for US 'Cursed Child' sales

Scholastic is printing 4.5m copies of playscript Harry Potter and the Cursed Child for the North American market, in the midst of record-breaking pre-sales ahead of its global release on 31st July. Continue reading at The Bookseller

[ The Bookseller | 2016-07-28 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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One-Time Charges Lead to Drop in Earnings at Barnes & Noble Education

Revenue at the college store operator rose 1.7% in fiscal 2016, but restructuring charges tied to outsourcing its digital education platform led to a decline in earnings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-28 00:00:00 UTC ]
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EDC Posts a 59% Earnings Jump in Record Fiscal 2016

Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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UK ebook sales drop for the first time

It seems that our love affair with ebooks could be turning sour. For the first time since digital book sales were recorded, the number of ebooks sold in the UK dropped in 2015. The drop could be partly explained by the fact that we seem to be reading less in recent years. While sales of printed... Continue reading at Betanews

[ Betanews | 2016-05-13 00:00:00 UTC ]
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S&S Sees Earnings Gain, But Flat Sales, in Q1

Simon & Schuster reported revenue of $145 million in the first quarter of 2016, flat with revenue in the same period in 2015. Operating income rose 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-03 00:00:00 UTC ]
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Hachette UK sales drop 6.7% in fourth quarter

Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower ebook sales, with its parent company Lagardere Publishing saying that "market trends have reversed in the US and the UK". Continue reading at The Bookseller

[ The Bookseller | 2016-02-12 00:00:00 UTC ]
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Earnings Down at B&N Education on Small Sales Gain

Second quarter net income fell 9.5% at Barnes & Noble Education on a 0.6% increase in revenue. Comp sales fell 3.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Sales, Earnings Up at Simon & Schuster

Revenue at the Big Five house increased 2% in the third quarter, rising to $203 million. Bestselling adult titles in the quarter included 'The Survivor' by Vince Flynn and Kyle Mills, and this year's Pulitzer Prize-winner for fiction, Anthony Doerr's 'All the Light We Cannot See.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Six Months Sales Up at Bloomsbury, But Earnings Dip

Revenue at Bloomsbury Publishing rose 13% in the six months ended August 31, 2015 compared to the same period a year ago, but pretax profit dipped to £342,000 from £509,000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-27 00:00:00 UTC ]
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May Sales Drop for Adult, Children's Books

Trade sales in May saw some wild swings, according to AAP’s monthly StatShot program. In the adult books segment there was a decline of 5.0%, compared to the same month last year. Meanwhile, sales in children’s/young adult fell 9.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-01 00:00:00 UTC ]
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E-book Sales Dropped in First Quarter

E-book sales in the adult and children's/young adult categories fell a combined 8.1% in the first quarter of 2015 compared to the first period of 2014, according to AAP's StatShot program, Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
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Connect Books: sales drop but business 'stabilising'

Connect Books has delivered a “much improved” operational performance in the last six months, although sales were down 3% to £103.4m. The Norwich-based company, which comprises Bertrams, Dawson Books and Wordery, also saw its underlying operational profit decrease by 18.6% to £1.9m compared to... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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February Bookstore Sales Dropped 2.2%

According to preliminary estimates released by the U.S. Census Bureau, bookstore sales fell 2.2% in February compared to February 2014, dropping to $716 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-15 00:00:00 UTC ]
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Charges Lead to Loss at Scholastic; Sales Up

Revenue at Scholastic rose 2% in the third quarter, but a number of one-time charges led to a net loss of $22.1 million compared to a loss of $12.1 million in last year’s third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-26 00:00:00 UTC ]
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Sales, Earnings Fell at S&S in 2014

Revenue at Simon & Schuster declined 3.8%, to $778 million, in 2014 while operating profit dropped 5.6%, to $101 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-12 00:00:00 UTC ]
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Time Inc. plunges on earnings, sales forecast

Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-02-12 00:00:00 UTC ]
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Big Drop in E-book Sales Led to Soft 2014 at HBG

A stronger publishing lineup in 2013 and problems caused by the standoff with Amazon over sales terms resulted in a 4.8% decline in sales for the year at Hachette Book Group USA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-10 00:00:00 UTC ]
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No Panic Over 15 Percent Drop in Christian Fiction Sales

Christian publishers are not in panic mode despite recent Nielsen BookScan numbers indicating Christian fiction sales dropped 15 percent from 2013 to 2014. Houses with major fiction programs remain optimistic about the category and are not pulling back. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-10 00:00:00 UTC ]
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November Bookstore Sales Dropped 2.5%

November bookstore sales fell 2.5%, to $736 million from $755 million in November 2013, according to preliminary estimates released Wednesday morning by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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