Scholastic Trade Sales Rose 16% in Q2

Revenue in Scholastic's trade division increased 16% in the second quarter ended November 30, 2018, over the comparable period a year ago. For the entire company, revenue in the quarter rose 1% over last fiscal year’s second quarter and net income jumped 25.4%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-12-20 00:00:00 UTC ]

Other news stories related to: "Scholastic Trade Sales Rose 16% in Q2"


Strong Trade Publishing Sales Drive Six-Month Gains at Bloomsbury

Sales were up 11% and profits increased 8% in the first half of the U.K.-based publisher's fiscal year. Sales in the U.S. were about $76 million, accounting for 46% of total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-26 04:00:00 UTC ]
More news stories like this


Nielsen replaces CEO amid measurement turbulence

Nielsen named Karthik Rao, who headed Nielsen Audience Measurement, as CEO of the entire company, succeeding David Kenny, who will become executive chairman. Continue reading at Advertising Age

[ Advertising Age | 2023-09-14 13:51:57 UTC ]
More news stories like this


How The Guardian US Fetched Ad Revenue Hike of 42% Despite Broader Downturn

The U.S. outpost of the general news publisher The Guardian finished the first quarter of its fiscal year, which ended June 30, with advertising revenues up 42% year over year, according to senior vice president of advertising Luis Romero. The hikes buck common trends most publishers are seeing.... Continue reading at AdWeek

[ AdWeek | 2023-07-12 08:56:56 UTC ]
More news stories like this


Mixed Results for Libraries in Biden Administration’s 2023 Budget Proposal

A rite of spring, the White House budget proposal officially kicks off the congressional appropriations cycle each fiscal year. And this year, library advocates have their work cut out for them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-01 04:00:00 UTC ]
More news stories like this


Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 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


EDC on Track for Record First Quarter

After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
More news stories like this


Scholastic's operating income rises 7% in 2020 second quarter

The Scholastic Corporation has revealed a 7% rise in operating income in the second quarter of the fiscal year, as c.e.o. Richard Robinson said the firm "continued to stand out as the world’s leading children’s book publisher and distributor". Continue reading at The Bookseller

[ The Bookseller | 2019-12-23 08:45:28 UTC ]
More news stories like this


Earnings, Sales, Drop in Q1 at HarperCollins

Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
More news stories like this


NACS Has New CEO and Plans More Changes

The National Association of College Stores is changing leadership in the face of financial losses for the fiscal year that ended March 31, 2019, planning to exit college textbook distribution, and expecting layoffs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-25 04:00:00 UTC ]
More news stories like this


Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
More news stories like this


Scholastic Trade Sales Rose 16% in Q2

Revenue in Scholastic's trade division increased 16% in the second quarter ended November 30, 2018, over the comparable period a year ago. For the entire company, revenue in the quarter rose 1% over last fiscal year’s second quarter and net income jumped 25.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-20 00:00:00 UTC ]
More news stories like this


Bustle Digital Group Buys Mic for an Estimated $5 Million

Executives at digital news publisher Mic managed to lay off nearly the entire company and secure a new owner all in one day. The company, which launched with a splash as a go-to news source for millennials, is officially being sold to Bryan Goldberg's Bustle Digital Group. Sources say a... Continue reading at AdWeek

[ AdWeek | 2018-11-30 00:00:00 UTC ]
More news stories like this


Scott Galloway: Amazon is 'beating up' on Google, Facebook and Apple

Scott Galloway's book "The Four" is about tech giants Google, Facebook, Apple and Amazon and how they pose a threat to just about every other business on the planet. But he's mulling a sequel, because he now thinks the first three need to fear the fourth."Amazon is beating up on the other three... Continue reading at Advertising Age

[ Advertising Age | 2018-10-04 00:00:00 UTC ]
More news stories like this


Barnes & Noble plunges as bookseller's sales slide deepens

Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-09-06 00:00:00 UTC ]
More news stories like this


Wiley Overcomes Soft Publishing Results to Finish FY18 Strong

Revenue fell 2% in John Wiley's publishing division in the fiscal year ended April 30, compared to fiscal 2017. However, increases in the company's other two groups led to a 5% increase in sales and a 16% gain in earnings for the entire company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-12 00:00:00 UTC ]
More news stories like this


B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
More news stories like this


Len Riggio Promises to Fix Barnes & Noble

After a slow start to the fiscal year, Riggio, who returned as Barnes & Noble's CEO after last month's ouster of Ron Boire, has plans to improve the bookseller's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
More news stories like this


B&N's Klipper to retire

Barnes & Noble’s retail c.e.o Mitchell Klipper is to retire from the role in May after 28 years at the company.  Klipper will step down as the chief executive of the Retail Group at the end of Barnes & Noble’s fiscal year, but will act as a special advisor on real estate and other... Continue reading at The Bookseller

[ The Bookseller | 2015-01-21 00:00:00 UTC ]
More news stories like this