Scholastic Sees Growth Ahead in Fiscal 2022

A plunge in book fair revenue led to a 12.5% decline in sales at Scholastic in the fiscal year ended May 31, 2021, but the publisher forecast "significant growth" in 2022 revenue and an improved bottom line. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
News tagged with: #book fair #scholastic #significant growth #publisher forecast #5% decline

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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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After Strong Fiscal '18, Bloomsbury Sees Better Year Ahead

A 20% increase in its consumer group contributed to double-digit gains in sales and earnings at Bloomsbury for 2018. The U.K. house has ambitious plans for the current year, including an acceleration of its growth in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-22 00:00:00 UTC ]
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AP Sees Expanded Coverage, Growth Ahead

The Associated Press will continue its efforts to retain U.S. newspaper publishers next year, adding an intermediate service level and a “shared news desk” for increased state coverage, says President and CEO Gary Pruitt.   E ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-11-04 00:00:00 UTC ]
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Amazon Sees Slow Growth in Fourth Quarter

Since the summer, many publishers have reported lower orders from Amazon compared to a year ago, and the release of the e-commerce giant’s third-quarter results gave no indication that things will markedly improve in the final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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NYCC 2022: Comics Navigate Massive Growth, Supply Chain Disruptions

Massive increases in graphic novel sales despite supply chain disruptions, the growing popularity of mobile webcomics, and recent changes in comic shop distribution, were among the trends discussed at ICv2’s Insider Talks, which returned to the Javits Center to open this year's New York Comic Con. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-07 04:00:00 UTC ]
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HC Sales Topped $2 Billion in Fiscal 2022

Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
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Wiley Sales Topped $2 Billion in Fiscal 2022

Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
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Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
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Recurrent Ventures’ Refurbished Outdoor Titles See 70% Audience Growth

Two legacy titles that the venture equity firm Recurrent Ventures purchased from Bonnier Corp. in October 2020, Field & Stream and Outdoor Life, have seen audience, revenue and staff growth since their acquisition, making a positive case for private equity-backed media. Year over year... Continue reading at AdWeek

[ AdWeek | 2022-01-20 11:26:48 UTC ]
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2022 predictions: Industry leaders look at what lies ahead

Publishing bosses and influencers from across the trade share their predictions and expectations for the year ahead, with environmental progress and diversity strongly prioritised across the board.   Continue reading at The Bookseller

[ The Bookseller | 2022-01-08 14:43:20 UTC ]
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HC's Murray Sees Higher Sales, More Consolidation Ahead

In a recent presentation, HarperCollins CEO Brian Murray said he sees no signs of consumer book spending slowing down in 2021—nor does he see the trend toward greater consolidation of the industry cooling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-15 04:00:00 UTC ]
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Frankfurt Guest of Honor Spain: Looking Ahead to 2022

Two key components come into play in Spain’s bid for greater traction for Spanish literature—a new ‘Books from Spain’ rights portal and new translation funding for international publishers. By Porter Anderson, Editor-in-Chief | @Porter_Anderson See our complete guide to Frankfurter Buchmesse... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-14 00:23:16 UTC ]
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Commission Reps See Challenges Ahead—As Well As Opportunities

As stores slowly reopen, commisson reps see a host of issues they will need to navigate to have a successful second half of 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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Digiday Research: Digital publishers still see growth in direct-sold display ads

Of the 135 publishers surveyed by Digiday in a wide-ranging research survey this Fall, more than 50% of publishers reported that direct-sold advertising was a large or very large source of revenue for them. The post Digiday Research: Digital publishers still see growth in direct-sold display ads... Continue reading at Digiday

[ Digiday | 2019-10-16 04:01:21 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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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 ]
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IPG Sees Strong Growth for Spanish-Language Titles

The Chicago-based Independent Publishing Group has made a name for itself as a distributor of Spanish-language books for the U.S. and Canadian markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-02 00:00:00 UTC ]
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