The AAP released Statshot data from participating publishers for July, reporting trade sales of $557 million, down 6.4 percent from $595 million last year. Sales for adult books were $399 million, down 4.6 percent from $418 million. Hardcovers sold $96.4 million, down 2.3 percent, while paperbacks fell 10.1 percent to $149.6 million. The biggest gain in the category was in digital audio, which grew 14.6 percent to $61.5 million. Consistent with the year’s trend, children’s and YA sales declined more, at $158 million, a 10.7 percent drop from $177 million in July 2022. Hardcovers were up 3.4 percent to $49.3 […]
