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In Eventful Year, Wiley Sales, Earnings Fell
John Wiley reported a 1% drop in revenue for the fiscal year ended April 30, to $1.76 billion, while operating income fell $144.2 million from $212.7 million in fiscal 2012.
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Sales, Earnings Dipped at EDC in Fiscal 2013
Total sales at Educational Development Corp. for the fiscal year ended February 28, 2013 fell 3%, to $25.5 million, while net earnings dropped 43%, to $802,900.
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Adults Up, Kids Down in January
Adult trade sales rose 8.4% in January compared to January 2012, but sales in the children’s/young adult category fell 23.5%, according to figures released this morning by the AAP in its BookStats program.
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Digital, Acquisitions Drive Bloomsbury
U.K-based publisher Bloomsbury reported that revenue from continuing operations rose 1%, to £98.5 million, for the fiscal year ended February 28 and pre-tax income increased 16%, to £9.8 million.
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Children's/YA Sales Rose 13% in 2012
Total sales in the children's/young adult segment rose 13.0% in 2012, to $3.70 billion, according to figures released by BookStats.
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Trade Sales Rose 6.9% in 2012
Trade book sales rose 6.9%, to $15.05 billion, in 2012, according to figures released by BookStats, the Association of American Publishers/Book Industry Study Group statistics program.
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HBG Sales Up 14.9% in First Quarter
Revenue at Lagardère Publishing rose 6.6% in the first quarter ended March 31 compared to the first period of 2012, with sales up to 419 million euros.
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HMH Cuts Loss, Trade Sales Up
Total sales inched up at Houghton Mifflin Harcourt in the first quarter ended March 31, 2013, rising 0.8%, to $166.6 million, and its net loss was cut to $137.4 million from $225.3 million in the comparable period in 2012.
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Berean Chain Pleased with Sales
Berean Christian Stores likes its comp sales figures as it completes a systems overhaul.
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Harlequin First Quarter Revenues Drop
Blaming the “unfavourable effect” of a transition to higher digital royalty rates for authors as well as the tough overall global economy, Harlequin reported revenues of $102.5 million for the first quarter of 2013, down $4.1 million from the same period in 2012.
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