Archive | Earnings Reports RSS feed for this section

More Facts From Barnes & Noble's Filings

As usual, Barnes & Noble's formal quarterly report to the SEC includes some additional details of interest not included in Tuesday's press release and investor call, though this time around those additional disclosures are pretty modest. In the most recent quarter, BN customers activated just $6.2 million of the credits…

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

Wiley Q1 Results Up, But Trade Book Sales Decline

Wiley reported first quarter 2015 results of $438 million, up 4 percent on an "adjusted" basis. Net income of $33.5 million was up 9 percent on a currency-neutral basis, but virtually flat in real terms. The professional development segment, where Wiley's trade business remains, rose $8 million to $92 million…

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

Barnes & Noble Has Soft Sales But Smaller Loss As Nook Fades; Asset Separation Presents New Possibilities

Sales fell more than expected by analysts at Barnes & Noble in their fiscal first quarter, ending August 2, down 7 percent to $1.236 billion, but the loss was lower than estimated -- with a consolidated net loss of $28.4 million, or 56 cents a share. Tellingly, the company admitted…

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

Creative Homeowner Sold to Fox Chapel

After years of declining sales and operating losses, Courier Corporation has finally sold "certain of its Creative Homeowner publishing assets" to Fox Chapel Publishing, including "more than 100 active titles in home design, home improvement, landscaping and gardening." The sale price was not disclosed for now (though likely will be in Courier's…

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

Penguin Random House Has Softer Sales (Probably) and Strong Earnings In First Half

Penguin Random House plus the separately-owned Random House Germany together had sales in the first half of 2014 of €1.461 billion, with operating EBITDA of €159 million. (The Santillana trade publishing business was added July 1, after the close of these results.) It is the first time that the combined…

Continue reading

A Tepid Second Quarter for Books-A-Million

Books-A-Million said sales for the second quarter ending August 2 more or less stayed flat, dipping 0.5 percent to $108.3 million. Same-store sales inched up a mere 0.1 percent, while their net loss of $3 million, or 21 cents per share was a considerable improvement on the $9.1 million net…

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

Second Quarter Sales Up at HMH, Though Trade Performance Softens

Houghton Mifflin Harcourt reported second quarter 2014 sales of $402 million, up 11 percent, though trade sales for the period fell $2 million (or 5 percent) to $37 million, "as the prior year benefitted from strong net sales of backlist titles associated with the theatrical releases of the movies The…

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

Quarto Results Fall In "Tough First Half"

Quarto Group reported results for the first half of 2014, with sales down 3 percent to $65.6 million (declining $6.6 million) and operating profit down slightly at $2.77 million (dropping more than $200,000). CEO Marcus Leaver said in the release, "Despite a tough first half we expect the new product and…

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

S&S Second Quarter Sales and Profits "Stronger Than Originally Projected"

Simon & Schuster reported sales of $211 million for the second quarter, up 11.6 percent -- a significant improvement compared to the same time a year ago and what parent company CBS said was due to "higher print book sales" by titles such as HARD CHOICES by Hillary Clinton, GOOD…

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

Strong Profits, and DIVERGENT, Give Big Finish For Harper's Fiscal Year

News Corp. reported results for their fourth quarter and full fiscal year, ending June 30. HarperCollins had sales of $361 million, up 10 percent from $329 million a year ago and EBITDA of $33 million in the fourth quarter, up 50 percent from the $22 million reported for the same…

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