Virus Leads to Down Fourth Quarter at Wiley

Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
News tagged with: #lower sales #fourth quarter #earnings fell #print books #operating loss

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Virus Leads to Down Fourth Quarter at Wiley

Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
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Soft Fourth Quarter Foils Scholastic's Fiscal 2024 Hopes

After posting lackluster financial results for the first nine months of fiscal 2024, Scholastic’s hopes for a good fourth quarter did not materialize, with the company posting a 10% decline relative to last year’s record quarter and finishing the year down 7% from 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-19 04:00:00 UTC ]
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Wiley Second Quarter Marked by Rightsizing Efforts

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-09 05:00:00 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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Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
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Publishing's First Quarter in 2020: A Good Start, Then the Virus

Publishing sales got off to a decent start in 2020—but as the new coronavirus increased its grip on the country’s economy, sales have softened. The business outlook for the second quarter is, at best, uncertain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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Hachette hails 'very strong' fourth quarter as Lagardère reports 2018 decline

Hachette UK c.e.o. David Shelley hailed a "very strong" fourth quarter for the publisher, as parent company Lagardère reported a revenue drop of 1.2% like-for-like for the full-year 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-02-08 00:00:00 UTC ]
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Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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Wiley sees second quarter lift

Wiley saw a year-on-year revenue increase of 6% (3% at constant currency) in the second quarter to end October 2017, at $452m. Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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HarperCollins sales down 6% in fourth quarter

The emergence of digital audiobooks are a “potent source” of long term growth, the chief executive of HarperCollins’ parent company News Corp Robert Thomson has said. Continue reading at The Bookseller

[ The Bookseller | 2017-08-12 00:00:00 UTC ]
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S&S global sales down 10% in fourth quarter

Simon & Schuster saw global revenues fall by 10% to $209m (£167.05m) during the fourth quarter of 2016, according to results released by parent company the CBS Corporation. Continue reading at The Bookseller

[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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HarperCollins sales up 11% in fourth quarter

HarperCollins achieved an 11% rise in revenues in the fourth quarter of 2016, although annual results were hampered by lower ebook sales and negative foreign currency fluctuations. Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 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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HBG Rebounds in Fourth Quarter

A 15% increase in fourth quarter sales enabled Hachette Book Group to finish 2015 with only a slight decline in revenue for the full year. An increase in the sales of print books almost offset declines of ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-10 00:00:00 UTC ]
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Bad Quarter for Wiley

Revenue at John Wiley dropped 9%, to $433.4 million, in the second quarter ended October 31, 2015, and net income decreased 19%, to $43.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Book revenues decline in Wiley third quarter

2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Prime fuels Amazon fourth quarter profit

An increase in Prime membership subscriptions helped Amazon to a fourth quarter profit. The e-commerce giant has been under pressure from investors to return a good result after reporting a loss for the previous two quarters of its financial year, but shares recovered yesterday (29th January)... Continue reading at The Bookseller

[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Wiley Quarterly Results Up; Details Book Reorg

Revenue at John Wiley rose to $477 million in the second quarter ended October 31, 2014, from $449 million in the comparable period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-09 00:00:00 UTC ]
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Wiley reports quarterly rise and new UK partnership

John Wiley & Sons has reported a 4% year-on-year revenue rise at constant currency for the... Continue reading at The Bookseller

[ The Bookseller | 2014-09-09 00:00:00 UTC ]
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