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Trade Rebounds In Houghton's Fourth Quarter

Helped by publication of bestselling What If, Houghton Mifflin Harcourt's modest trade division saw sales rise in the fourth quarter to $48 million, up $2 million from a year ago, as the unit recorded a small net gain for the period ($500,000), compared to a small net loss a year ago. Adjusted EBITDA…

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Simon & Schuster Sales Fall for Fourth Quarter and Full Year

Fourth quarter sales at Simon & Schuster fell by $10 million (or 4.5 percent) to $215 million. The second consecutive quarterly drop left the company $31 million below 2013's sales, down 4 percent to $778 million for the year. (Though the year-to-year variance is relatively small, it is the lowest annual sales…

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Lagardere Publishing Sales Fall In Fourth Quarter and Full Year

Lagardere reported fourth quarter sales on Tuesday, with publishing sales of €537 million down 5.5 percent from€569 million a year ago -- and declining further, 8.7 percent, on a like-for-like basis. (Sales fell even with a foreign exchange gain of €14 million.) The company blamed "an unfavorable comparison effect" to…

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Harper Has Flat Quarter Before Harlequin Gain

HarperCollins' parent company News Corp. reported second quarter fiscal year sales for the period ending December 31 after the close of the market on Thursday. On an adjusted basis, before adding in the recently-acquired Harlequin, Harper's sales were flat at $392 million, with EBITDA down 4 percent to $65 million…

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Waterstones' Sales Continuing Falling, But Daunt Expects Operating Profit Soon

Following the results of Waterstones in the UK is confusing, for two reasons. The first is that the privately-held company releases data on a delayed basis; in late January or early February, they file a government document that shows sales for the fiscal year ending the previous April. (So their…

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Rowman & Littlefield Grows On Acquisitions

Driven by the purchase of multiple Globe Pequot Press imprints last May and the Alban Institute’s book business in January, Rowman & Littlefield says that book and journal sales rose to $60.3 million in 2014, up from $51 million the year before. Client sales through their distribution businesses NBN and NBN International…

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Merch Sales Lift Results At Indigo

Canada's Indigo -- the country's "largest book, gift and specialty toy retailer" -- reported results for the quarter ending December 27, with sales rising 2 percent to $339 million (CA), and adjusted EBITDA increasing $8 million to $41 million. Same-store sales were up 5.5 percent at their superstores and down…

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Amazon Has Slow Media Growth, But Slight Earnings Improvement Drives Stock

The sometimes inexplicable world of Amazon performance metrics continues. The company reported fourth quarter sales on Thursday after the close of the market, with relatively modest growth -- up 15 percent to $29.33 billion, below analysts' expectations of $29.7 billion. But their meager net income of seven-tenths of one percent…

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Apple Beats Strong Expectations with Record First Quarter Results

Apple reported first quarter earnings on Tuesday afternoon after the close of the market, facing expectations for another strong quarter of revenues and iPhone sales following the release of the iPhone 6 models. They exceeded those expectations with record results, as sales rose 30 percent to $74.6 billion (yielding profit of…

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Pearson Sees Profit Rising in 2015; WH Smith High Street Sales Continue Falling

In a short trading update, Pearson told investors that 2014 results should be in line with their previous guidance, yielding earnings per share of approximately £720m (of 66 pence a share). Their preliminary forecast for 2015 has earnings rising to between 75 and 80 pence per share. Chief executive John Fallon…

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