For the quarter ending June 27, Courier Corporation’s consolidated third-quarter revenues were $61.4 million, down from $73.4 million. Book publishing sales declined, but “less so than earlier in the year,” with an 8 percent drop at the Dover unit. “While Creative Homeowner sales were down 38%, most of that decline was the result of the winding-down of its book distribution services earlier in the year.” Total publishing sales of $11.3 million were down 15.7 percent from $13.4 million a year ago. Operating loss for the division improvted to $624,000, versus a loss of $2.5 million last year. Company CEO James […]
