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 level for S&S since 2006.) Fourth quarter sales were said to be lower because of the comparison to a year ago, when Duck Dynasty tie-ins were strong, though in 2014 S&S ceo Carolyn Reidy said lower third quarter sales were due to the timing of their big releases and was expecting “a huge […]
