The AAP’s May StatShot report shows a deepening of the same trends observed in April: revenues from shipments of trade books to accounts were down substantially, due to store closures and postponed releases, as lower returns due to the same factors mitigated some of the “net” sales tabulations for the month. Shipments of trade books comprised $668 million for the month, down 16 percent from a year ago, or $127 million lower. (In contrast, net sales of $577 million were 9.3 percent lower than a year ago.) The declines were deeper than in April, as adult grosses fell 17.5 percent, […]
