Wiley reported a good finish to their year, ending April 30, with fourth quarters sales of $477 million (up $25 million from last year), and operating income of $74.8 million (up $11.4 million). For the full year, sales of $1.796 billion were up $77.6 million from last year, with operating income of $239.5 million, up $33.3 million from last year. Foreign exchange — primarily weakness in the British pound — had a discernible impact on the results. Foreign exchange added approximately $21 million in sales and $6 million in operating income in the fourth quarter, and it accounted for approximately $60 million in sales and […]
