Archive | Earnings Reports RSS feed for this section

More Barnes & Noble Fiscal Facts

Barnes & Noble followed their headline fourth quarter press release with more extensive SEC filings by the end of the day on Thursday providing a number of additional details worth reviewing: Settlement Credits Perhaps contributing to the company's slightly positive sales forecast for the new fiscal year, BN says that…

Login to read more, or join Publishers Marketplace as a member

Barnes & Noble Ends Fiscal Year On A Loss

Barnes & Noble reported fiscal fourth quarter sales after the close of the market on Wednesday. Sales fell $33 million (or 3.6 percent) to $877 million in the quarter. Retail sales fell $17 million -- even as physical book unit sales as measured by Nielsen Bookscan continue to rise, as…

Login to read more, or join Publishers Marketplace as a member

Small Decline In Wiley's Fourth Quarter

Wiley reported fourth quarter and full fiscal year results on Tuesday morning, with final quarter sales falling $7 million, to $434 million, and sales for the year declining $95.5 million, to $1.727 billion. The same factors that held back fiscal 2016 results -- foreign exchange losses due to the weak…

Login to read more, or join Publishers Marketplace as a member

Bookselling: Sales Rise At Indigo In Fourth Quarter, and More

Canada's dominant bookstore chain Indigo reported results for their fiscal fourth quarter, ending April 2. Sales for the extended 14-week quarter were $220 million (CA), up $34 million from a year ago. On a 13-week, comparable store basis, superstore sales grow 14.7 percent, while small-format stores were up 15.8 percent. Online sales rose 9.8 percent.…

Login to read more, or join Publishers Marketplace as a member

Bloomsbury Repositions to Focus on Academic and Professional; Charkin to Step Back In 2017

Bloomsbury is reorganizing itself again (the last time was in 2011), simplifying its structure to Consumer (trade) and Non-Consumer division, while declaring its intention "to become primarily a non-consumer publisher in the B2B academic and professional information market." Driven in part by a new digital publishing plan, the company "aims…

Login to read more, or join Publishers Marketplace as a member

Lagardere Publishing Down Modestly, As HBG USA Sales Fall 10 Percent

Lagardere reported first quarter earnings, with publishing sales of €415 million down €6 million or 1.4 percent (and declining 2.1 percent on a like-for-like basis). The results include a €5 million contribution from the acquisition of Rising Stars in the UK a year ago. (The Perseus acquisition did not close until April 1 and will…

Login to read more, or join Publishers Marketplace as a member

TV, Services and Education Lift First Quarter Bertelsmann Results

Bertelsmann issued a brief first quarter performance update, with sales rising less than one percent to €3.95 billion, as group profit rose, up €42 million to €185 million. The credit goes to RTL Group's European broadcasting and international TV production businesses, Arvato's services businesses, and Relias' education business (with an assist from…

Login to read more, or join Publishers Marketplace as a member

Sales Fall 11 Percent At HarperCollins

News Corporation reported fiscal third quarter earnings after the close of the market on Thursday, with sales falling $44 million at HarperCollins, down 11 percent to $358 million for the period. The impact on EBITDA was sharper, at $36 million, down $20 million from a year ago. The company blamed "lower revenues…

Login to read more, or join Publishers Marketplace as a member

Trade Falls at HMH In First Quarter

Houghton Mifflin Harcourt reported first quarter sales, with revenues of $206 million, up from $163 million a year ago, primarily on the addition of Scholastic's EdTech business. The seasonal net loss of $165 million was $5 million (or 3 percent) higher than a year ago. In education, there was a "decline…

Login to read more, or join Publishers Marketplace as a member

A Flat Quarter for Simon & Schuster

Simon & Schuster's parent company CBS reported first quarter results after the close of the market on Tuesday, with the publisher reporting flat sales of $145 million, as operating income was up $1 million to $13 million, "primarily reflecting lower production and selling costs" and driven by "operating efficiencies." While sales…

Login to read more, or join Publishers Marketplace as a member