Finance

Trade Publishing Had Poor November
February 4, 2020

The adult and children/young adult segments had large sales declines in November 2019 compared to the year before. Despite the bad November, sales of children/YA titles were up 5.2% in the first 11 months of 2019, although sales of adult books were down 3.3%.

Print Unit Sales Post Big End of January Gain
January 31, 2020

The week ended Jan. 25, 2020, was a good one for selling books, with print unit sales rising 8% over the week ended Jan. 26, 2019, at outlets that report to NPD BookScan.

Sales Up, Earnings Slip in Q3 at EDC
January 17, 2020

Revenue at Educational Development Corp. inched ahead 0.8% in the third quarter ended November 30, 2019, over the comparable period a year ago. Net income fell 2.8%, to $2.7 million.

Print Unit Sales Dropped 3.7% After Christmas
January 10, 2020

The first full shopping week after Christmas, which ran from December 29, 2019, through January 4, 2020, saw unit sales of print books fall 3.7% compared to the similar week in 2010 at outlets that report to NPD BookScan.

B&NE Appoints Financial Adviser
January 9, 2020

Barnes & Noble Education hired Morgan Stanley to serve as its financial adviser as it looks for ways to increase shareholder value in a fast-changing college material market.

Publishing Stocks Fell in 2019
January 3, 2020

After beginning 2019 with 10 companies, the Publishers Weekly Stock Index was down to only eight members at the close of the year, losing Barnes & Noble and Simon & Schuster. The remaining companies saw their combined stock price decline by 9%.