HarperCollins Profits Plummet
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The company attributed this year's loss to "higher returns provision in North America combined with lower third-party distribution income."
Bright spots in HarperCollins' first-quarter results included strong sales of "The Story of Edgar Sawtelle," an Oprah's Book Club selection, by David Wroblewski; "The Way of the World" by Ronald Suskind; and "Big Words for Little People" by Jamie Lee Curtis.
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