Scholastic Sees Sales, Profits Fall in Second Quarter

Lower sales in the company's trade group, due mainly to the timing of the publication of some of its biggest books, was the major factor in dropping second quarter results. For the full fiscal year, Scholastic still expects revenue to increase between 4% and 6% over fiscal 2024. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-12-20 05:00:00 UTC ]

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Bell calls for publishing to 'reflect all children' in bid to boost reading

At The Bookseller Children’s Conference today, Scholastic co-managing director Catherine Bell urged publishing to "reflect all children" and engage parents so they can read to their youngsters. Continue reading at The Bookseller

[ The Bookseller | 2019-09-23 02:34:03 UTC ]
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Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Scholastic reports 7% rise in revenue for 2020 first quarter

Scholastic has reported a 7% rise in revenue for its first quarter results to $232.6m (£185m) due partly to its YA titles and graphic novels imprint Graphix. Continue reading at The Bookseller

[ The Bookseller | 2019-09-19 16:16:17 UTC ]
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Scholastic to relocate school-facing warehouses to one site

Scholastic UK has announced plans to relocate its two English schools-facing warehouses to one Warwickshire site. Continue reading at The Bookseller

[ The Bookseller | 2019-09-12 18:20:54 UTC ]
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Children's Conference 2019: Q&A with Scholastic UK's Catherine Bell

The woman at the helm of one of the UK’s largest children’s specialists discusses the challenges and opportunities in the modern-day global publishing market.   Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 21:54:50 UTC ]
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Books to Film: Scholastic and Imagine Announce Deal To Film Meika Hashimoto’s ‘The Trail’

'I knew I wanted to see it as a film,' says Imagine Kids+Family chief Stephanie Sperber about Meika Hashimoto's 'The Trail' from Scholastic. The post Books to Film: Scholastic and Imagine Announce Deal To Film Meika Hashimoto’s ‘The Trail’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-16 06:30:03 UTC ]
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Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at The Bookseller

[ The Bookseller | 2019-07-29 11:40:07 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 Supports New ‘Dog Man’ With International Pilkey Tour

Urging young readers to contribute to their communities, Dav Pilkey's 'Do Good Tour' will open in August with stops in the States, Asia and India. The post Scholastic Supports New ‘Dog Man’ With International Pilkey Tour appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-15 05:30:53 UTC ]
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Scholastic to publish Hunger Games prequel

Scholastic will next year publish a prequel to Suzanne Collins’ bestselling The Hunger Games series in the UK, US, Canada, Ireland, Australia and New Zealand. Continue reading at The Bookseller

[ The Bookseller | 2019-06-17 11:57:14 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 ]
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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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Hachette UK reports 'strong' growth but parent company Lagardère's profits fall

Hachette UK has reported "strong" sales growth in 2018, although parent company Lagardère saw profits fall 9.6%. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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HC Sales, Earnings Up in Q2

Strong sales of digital audio were a key contributor to a 13% increase in profits at HarperCollins in the second quarter ended December 31, 2018. In discussing second quarter results, Robert Thomson, CEO of HC parent company News Corp, criticized Audible's domination of the downloadable audio... Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-08 00:00:00 UTC ]
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The 100 bestselling books of the year: from Eleanor Oliphant to Michelle Obama

While Gail Honeyman is completely fine, where have all the female writers gone? John Dugdale takes a look at 2018’s biggest books and the year’s trendsRead Alex Clark’s look at 2018: the year the books world opened upThere are two contrasting strategies for achieving a mega-seller, as... Continue reading at The Guardian

[ The Guardian | 2018-12-29 00:00:00 UTC ]
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Cooking and Sci-Fi Are the Hot Print Segments This Year So Far

Much lower sales for last year's religious phenom, 'The Shack,' contributed to a decline in fiction units in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-13 00:00:00 UTC ]
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Globe Pequot Marks 70th Anniversary, Names Schnell Publisher

Rowman and Littlefield’s trade group, is wrapping up its 70th year of publishing by naming a new publisher to succeed Jim Childs following his retirement earlier this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-08 00:00:00 UTC ]
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Sales at B&N Down More Than 6% in Q1 of 2018

In reporting its first quarter results of the 2018 fiscal year, Barnes & Noble announced sales of $853.3 million, down from $913.9 million in the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-07 00:00:00 UTC ]
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Scholastic Has Third Quarter Loss on Lower Sales

Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
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