Finance

Trade Sales, Earnings Up in Q1 at HMH
May 9, 2019

Led by higher licensing revenue, sales at HMH Books & Media rose 11.2% in the first quarter of 2019 over the comparable period in 2018. Sales of print books fell in the quarter.

Earnings Jumped 29% in Q3 at HarperCollins
May 9, 2019

Strong sales of Christian books, backlist titles, and downloadable audiobooks led to a 29% increase in earnings at HarperCollins in the quarter ended March 31, 2019, over the comparable period last year.

HBG Has Q1 Sales Gain
May 7, 2019

Revenue at Hachette Book Group rose 3.3% in the first quarter ended March 31, 2019, over the comparable period in 2018.

Operating Income Soars at Amazon
April 26, 2019

The e-tailer's operating income jumped in the first quarter of 2019, rising to $4.4 billion, from $1.9 billion, in the first period of 2018.

Trade Books Post Good February Sales
April 17, 2019

Sales of adult trade books rose 6.6% in February over February 2018 after slumping in January, while sales of children/young adult books had a second consecutive month of good sales increases, according to the AAP.

Book Sales Flat at Hudson in 2018
March 27, 2019

While sales in Hudson Group's literature category dropped 5% in 2018 compared to 2017, book sales were about flat with 2017. Hudson operates about 60 bookstores in airports and sells books in another 500 of Hudson's 1,082 locations.

Sales, Earnings Rose at PRH in 2018
March 26, 2019

Revenue at Penguin Random House rose 1.9% in 2018 over 2017 and earnings increased 1.3%. PRH global CEO Markus Dohle said he expects to see more gains in 2019 due in part to more increases in digital audio sales and expanding global book markets.

Scholastic Q3 Revenue Boosted by Trade Group
March 21, 2019

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast.

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%.