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  • Sales Up at EDC, Earnings Fall

    Revenues at Educational Development Corp. rose 2% in the fiscal year ended February 28, 2014, hitting $26.1 million, although accounting items dropped net earnings to $357,600 from $802,900 in fiscal 2013.

  • Industry Stocks: May Performances

    Both the Publishers Weekly Stock Index and the Dow Jones Industrial Average eked out lackluster gains of 0.8% in May.

  • Source Interlink to Close

    As reported by "Folio," the nation's number two magazine distributor is shutting down.

  • Flat Quarter for Books-A-Million

    Revenue at Books-A-Million inched up 0.2% in the first quarter ended May 3, 2014, to $103.8 million, compared to the year earlier period.

  • Sales Rise, Earnings Dip at Bloomsbury

    Revenue at U.K.-based Bloomsbury rose 11% in the fiscal year ended February 28, 2014, to £109.5 million, compared to the previous year. Operating profit dipped to £7.7 million from £7.8 million.

  • First Quarter Sales Slipped at Lagardere

    First quarter sales at Lagardère Publishing fell 6.2%, to 393 million euros compared to the first period ended March 31, 2013.

  • AAP Monthly Statshot, January 2014

    Led by a 65.1% increase in e-book sales, January sales jumped 43.7% in the children’s/young adult category compared to January 2013, according to figures in AAP’s StatShot program.

  • For Publishers, A Quiet Start to 2014

    In an unusual occurrence, last week five companies with significant trade publishing operations all reported results for the three months ended Mar. 31, 2104.

  • HMH Trade Posts Small Loss in Quarter

    Sales in Houghton Mifflin Harcourt’s trade publishing division fell 20% in the first quarter of 2014 compared to the first period of 2013.

  • Quarto Says it is 'On Track'

    U.K.-based Quarto Group reported this morning that it is “on track” to reduce its debt for the year and to achieve organic growth.

  • Profits Jump 83% at HarperCollins

    EBITDA rose 83% at HarperCollins for the third quarter of fiscal 2014, which ended March 31.

  • Sales Fall, Earnings Rise at S&S

    First quarter sales in 2014 fell 11% at Simon & Schuster, to $153 million, but operating income rose to $11 million from $10 million in the first quarter of 2013, parent company CBS reported.

  • Charges Led to $3.4 Million Loss at Courier

    Three one-time expenses contributed to a loss of $3.4 million at Courier Corp. in the second quarter ended March 29, 2014 compared to last year’s second period.

  • First Quarter Results Down at Harlequin

    First quarter at Harlequin declined 3.2%, to C$99.2 million, and operating profit fell 14%, to C$12.8 million.

  • Industry Stocks: April Performances

    The Publishers Weekly Stock Index fell 7.2% in April as share prices dropped for 11 of the 14 companies on the PWSI.

  • Children/YA Segment Has Strong January

    Led by a 65.1% increase in e-book sales, January sales jumped 43.7% in the children/young adult category in 2014 compared to January 2013, according to figures in AAP’s StatShot program.

  • Amazon Net Income Up in Quarter

    Net income at Amazon rose nearly 32% in the first quarter of 2014, to $108 million, compared to the same period in 2013 and revenue increased 23%, to $19.74 billion.

  • Riggio Sells Chunk of B&N Shares

    Barnes & Noble founder and chairman Len Riggio announced Thursday morning that he had sold 3.7 million shares of B&N stock.

  • Mixed Messages From Margins

    Margins remained solid in 2013 for the six large trade houses from which operating data is available, though at three of the six, margins fell compared to 2012.

  • Book Sales Rose 1% in 2013

    Total book sales rose 1.0% in 2013 over 2012, to $15.05 billion, at the 1,211 publishers that report results to the Association of American Publishers’ StatShot program.

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