Courier Corp. Reports Higher Sales and Earnings in Q1
REA drives gains in publishing sales
Courier's specialty publishing segment includes two businesses: Research & Education Association (REA), a publisher of test preparation books and study guides, and Dover Publications, which publishes thousands of titles spanning a broad range of niche markets. Overall, the segment reported first-quarter sales of $10.3 million, up 13 percent from $9.1 million in last year's first quarter, with $1.1 million of the increase coming from the inclusion of REA sales. The segment's pretax income was $1.1 million or $.08 per diluted share for the quarter, down from $1.3 million or $.10 per diluted share in fiscal 2004. Gross profit was up 12 percent, but down slightly as a percentage of sales, to 47.9 percent from 48.6 percent a year ago, reflecting the effects of required opening inventory writeup at REA.
- People:
- Alan Rimm-Kaufman
- Angela Wolfe
- Bill LaPierre
- Carol Worthington-Levy
- Chris Kivlehan
- Conway
- Curt Barry
- Dan Lorenzini
- David A.
- David DeWees
- Debra Wilson Ellis
- Doug Williams
- Eric Kirby
- F. Curtis Barry Co.
- Geoffrey Robinson
- George Hague
- Geralynn Madonna
- Gina Valentino
- Hazel Grove Lane
- Herschell Gordon Lewis
- J. Chris Noell
- J. Schmid
- J.C. Whitney
- James F. Conway III
- Jim Gilbert
- Jones
- Jos Li
- Kevin
- Larry
- Laurie Harquail
- Lisa
- Marc Klein
- Nicholas C. Isasi
- Patricia Hursh
- Paul Miller
- Rick Collins
- Shari Altman
- Stephan Schambach
- Stephan Spencer
- Stephen R. Lett
- Places:
- America
- Mass.
- North Chelmsford