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Books-A-Million Starts the Fiscal Year on a Downward Note

Sales dropped $2 million (or 1.9 percent) at Books-A-Million in their fiscal first quarter, ending May 2, reaching $101.8 million for the period. Same-store sales also declined 0.9 percent down 2.5 percent, and the net loss of $5.3 million was marginally improved over the $5.6 million net loss for the…

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Indigo Sales Improve Throughout Q4 and Full Year

Canada's dominant bookseller Indigo reported fiscal fourth quarter sales (for the period ending March 28, 2015). Sales nudged up marginally, at $186.2 million CA, while the net loss of $13.9 million was slightly lower than the net loss of $14.4 million a year ago. The revenue growth was "partly offset…

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Bloomsbury Edges Ahead

Bloomsbury reported results for their fiscal year ending February 28, rebounding from a weak first half to finish just above even: Sales of £111.1 million were up £1.6 million (due to acquisitions) and pre-tax profit nudged up by £100,000 to £9.6 million. The company adds that "since the year end, trading…

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Lagardere Publishing Rises On Weak Euro, But US Sales Decline Over 12 Percent

Lagardere reported first quarter sales, with the publishing unit rising overall on renewed strength in France and the weakness of the Euro, which works in their favor on US and UK book sales even as HBG USA and Hachette UK had weak quarters. That left unit sales of 421 euros…

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S&S Topline Falls On Lower Print Sales

First quarter sales at Simon & Schuster fell by $8 million (or 4.5 percent) to $145 million, the company's third consecutive quarterly revenue drop, as a result of "lower print book sales." OIBDA was flat at $13 million (with operating income up $1 million to $12 million), with lower selling and…

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Bertelsmann Profit Rises In First Quarter, As Attention Turns to Possible PRH Buyout

Bertelsmann issued a brief first quarter trading update (in the European style), with sales just above flat at €3.92 billion and operating EBITDA up 6.7 percent to €463 million (from €434 million a year ago). Net income rose to €143 million from €106 million last year. Though not mentioned in…

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Sales Rise at HMH and Company Increases Loan, Repurchase Targets

Houghton Mifflin Harcourt reported first quarter results Thursday morning, with sales of $163 million, up almost 6 percent from $154 million a year ago, "driven by higher education and trade publishing sales and the recognition of previously deferred revenue." The seasonal adjusted EBITDA loss of $52 million compares to a loss of $53 million a year ago, though…

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Harper Grows with Harlequin, But Core Comp Falls With Lower Divergent Sales

HarperCollins' parent company News Corp. reported third quarter fiscal year sales for the period ending March 31 after the close of the market on Tuesday. As you would expect overall sales rose at HarperCollins in the third quarter because the Harlequin acquisition makes them a bigger company, with sales of…

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At Apple, App Store Grows and iPad Sales Decline

Apple reported fiscal second quarter sales after the close of the market on Tuesday, with strong iPhone sales and a rapidly expanding customer base in China continuing to drive the company to excellent results. iPad sales continued their decline, moving 12.6 million units -- compared to 16.3 million units a…

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Media Remains Moderate At Amazon; With Reports from Google and Pearson

Amazon reported first quarter sales through the end of March after the close of the market on Thursday: Net sales rose 15 percent to $22.72 billion, with a net loss of $57 million, or 12 cents a share -- slightly ahead of analysts' expectations for the company. Media sales (the category in…

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