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  • HC Posts Big Earnings Gain in Fiscal 2018

    Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion.

  • Regnery Has Big Q2

    Second quarter sales at Regnery rose 16.7% over 2017, but softness in Salem Media's self-publishing unit led to a 9% decline in total revenue at Salem's publishing division in the second period.

  • S&S Posts Gains in Sales, Profits in Q2

    Second quarter sales rose by $1 million at Simon & Schuster, and earnings increased by $2 million. Parent company CBS did not address sexual harassment charges against CEO Les Moonves in the conference call discussing results.

  • HMH Trade Sales Down 15% in Q2

    With sales of backlist and frontlist titles down, as well as a drop in e-book sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30.

  • Publishing Sales Rise 5.5% in First Four Months of 2018

    Book publishing revenue increased 5.5% in the January to April period over the same period in 2017, according to figures released by the AAP as part of its StatShot statistics program. The year-to-date gains include a 4.4% sales increase in April over April 2017.

  • HBG Posts Gains in Sales and Earnings in First half of 2018

    Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount.

  • Amazon Profits Soar

    For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017.

  • Investment Group Acquires 5.7% Stake in B&N

    The Schottenfeld Management Corp. has acquired over 4.1 million shares of Barnes & Noble and says in a filing that it has already talked to the retailer about actions it can take to improve shareholder value.

  • 2017 Sales Had Small Decline

    Final estimates by the Association of American Publishers put total 2017 industry sales at $26.23 billion, down slightly from the $26.27 billion generated in 2016.

  • Scholastic Sales and Earnings Dropped in Fiscal 2018

    Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%.

  • Print Unit Sales Rose 2% in First Half of 2018

    With unit sales of print books rising 4% in the adult nonfiction segment—the industry’s largest major category—total unit sales for the first half of 2018 increased 2% over the comparable period in 2017 at outlets that report to NPD BookScan.

  • OUP Reports Financial Dip in Fiscal 2018

    Oxford University Press has reported a slight decline in revenue and net profit for the fiscal year ended March 31, 2018, compared to fiscal 2017.

  • Acquisitions Boost Sales at B&N Education

    Acquisitions offset declines in comparable store sales in the Barnes & Noble College Booksellers division of Barnes & Noble Education, leading to a 17.6% increase in sales at the company for the fiscal year ended April 28, 2018, over fiscal 2017.

  • B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

    Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017.

  • Wiley Overcomes Soft Publishing Results to Finish FY18 Strong

    Revenue fell 2% in John Wiley's publishing division in the fiscal year ended April 30, compared to fiscal 2017. However, increases in the company's other two groups led to a 5% increase in sales and a 16% gain in earnings for the entire company.

  • Industry Stocks: May 2018 Performances

    May was a quiet month for both the stock market and the Publishers Weekly Stock Index.

  • Trade Segments Post Solid First Quarter Gains

    Sales of adult trade books rose 5.2% in the first quarter of 2018 over the comparable period in 2017, according to preliminary estimates released by the AAP. Sales in the children's/young adult segment increased 5.9% over last year's first quarter.

  • Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

    The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million.

  • After Strong Fiscal '18, Bloomsbury Sees Better Year Ahead

    A 20% increase in its consumer group contributed to double-digit gains in sales and earnings at Bloomsbury for 2018. The U.K. house has ambitious plans for the current year, including an acceleration of its growth in the U.S.

  • HBG Has 5.4% Sales Gain in Q1

    Revenue at Hachette Book Group rose 5.4% in the first quarter ended March 31, 2018, over the comparable period last year, parent company Lagardère reported. Total sales for the Lagardère publishing group increased 0.4%, to 442 million euros.

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