Finance

Adult Trade Sales Down in January, Kids' Up
March 14, 2019

Sales of adult trade books fell 7.3% in January compared to the first month of 2018, according to the AAP’s StatShot program. Sales in the children’s/young adult category rose 4.3%.

F+W Media Files Chapter 11, Will Sell Assets
March 12, 2019

A failed attempt to shift the magazine and book publisher's business to an e-commerce model has led F+W to sell both its books division, which has revenues of $22 million, and It's communities group, which had sales of almost $68 million.

Quarto Bottomline Improves Despite Sales Dip
March 11, 2019

In a year in which it replaced both its chairman and CEO and sold or closed a number of divisions, the Quarto Group reported that revenue in 2018 fell 2% from 2017. The company’s bottomline improved as adjusted profit rose to $10.3 million from $7.2 million a year ago.

B&N Q3 Sales Flat, Comps Rise 1.1%
March 6, 2019 at 11:00 pm

Total revenue at B&N in the third quarter ended January 26, 2019 was flat at $1.23 billion as retail sales rose 0.3% and Nook revenue fell 21%. Comparable sales were up 1.1%, but earnings fell slightly.

Traditional Book Business Drags Down Wiley in Q3
March 4, 2019 at 11:00 pm

In the Wiley publishing segment, the company reported that educational publishing revenue dropped 23% compared to last year’s third quarter, while STM and professional publishing revenue fell 20%. Overall sales for the company dropped 1%.

B&NE Q3 Sales Fell 8.8%
March 4, 2019 at 11:00 pm

The faster than expected move from physical textbooks to digital offerings was the key factor in a 8.8% revenue decline at Barnes & Noble Education for the quarter ended January 29.

Industry Stocks: February Performances
February 28, 2019 at 11:00 pm

With the stock prices of nine of the 11 companies on the Publishers Weekly Stock Index rising in February, the PWSI managed to eke out a 0.9% increase.

Sales Rose 10.6% in 2018 at HMH Trade
February 27, 2019 at 11:00 pm

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.

PRH Had Solid 2018, Pearson Said
February 25, 2019 at 11:00 pm

Pearson, which owns a 25% stake in Penguin Random House, said the global trade publisher had a solid 2018 led by increased audiobook sales and stable print sales.