Harlequin Q2 Sales Drop Though Profits Still Gain

by on August 1, 2012 in Earnings Reports, Publishers

Harlequin's parent company Torstar reported second quarter results Wednesday. The book publishing unit had sales of $107 million (CA), down by $3.3 million. EBITDA was up $1.8 million in the quarter at $18.99 million, which Torstar attributed to "positive year over year adjustments to returns provisions and lower promotional spending."…

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