Scholastic reported results for the fiscal fourth quarter and full year ending May 31, with a stable finish to a year that suffered from comparison to the “prior year’s outstanding success of Harry Potter and the Cursed Child,” as well as some significant one-time charges. Fourth quarter sales of $496.2 million were down $3.4 million, but operating…
Earnings Reports
Briefs: Bloomsbury In Line with Expectations, Atavist Was Sold
Bloomsbury issued a brief trading update on the first four months of their fiscal year, through June 30, still “in line with its expectations” for the year. Sales were up 3.7 percent with the recently-acquired IB Tauris — and 2.1 percent without two months of Tauris’s sales. The company said they had “a particularly strong…
BNED, However, Ends The Year On A Positive Track
Separately, Barnes & Noble Education reported fourth quarter and full fiscal year sales after the close of the market on Wednesday. Fourth quarter sales of $358 million were up 4.3 percent, and full year sales of $2,204 million were 17.6 percent higher — both due to the acquisitions of MBS in February 2017 and Student Brands…
Barnes & Noble Ends the Year On Further Declines
Barnes & Noble reported fourth quarter and full-year results Thursday morning, and once more the trendline for the company is decidedly downward. Sales for the quarter were $786 million, a decline of 4.3 percent from the prior year, while comparable store sales dropped 4.1 percent. Consolidated EBITDA was $6.7 million in the fourth quarter, as…
Foreign Exchange Helps Wiley to Good Fourth Quarter
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…
Print Sales Slid at Indigo, Driven By Merchandise Growth
Following last week’s headline results from Canadian retailer Indigo, their full annual report is out, and you can see in more detail how general merchandise sales are driving the chain’s growth. Actual print sales declined $5 million (CA) during the year, falling less than one percent to $593 million, while ereading revenues were down another…