and more.
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Adult Book Sales Flat in October; Kids' Down 6.8%
Sales of adult books were flat in October compared to October 2017, according to figures released by the AAP as part of its StatShot program. Sales in the children/young adult segment fell 6.8% in the month compared to 2017.
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Wiley Q2 Sales and Earning Fall
Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago.
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Q2 Sales Dropped 8.1% at Barnes & Noble Education
Despite declines in total sales and operating income, net income rose due to lower taxes, and B&NE CEO Michael Huseby said the company remains focused "on investing in digital growth platforms and offerings for the future."
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B&N Cuts Q2 Losses as Comp Sales Improve
Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago.
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Regnery Revenue Up in Q3
Revenue at Regnery Publishing rose in the third quarter of 2018, which ended September 30, parent company Salem Media reported. The gain at Regnery, however, was offset by a 10.4% decline in sales in Salem's self-publishing division.
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A Very Profitable Quarter for Four Big Publishers
Solid backlist and digital audio sales contributed to third-quarter gains at HarperCollins, Hachette Book Group, Simon & Schuster, and Houghton Mifflin Harcourt.
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HBG Has 'Sparkling' Third Quarter
Sales at the Hachette Book Group rose 5.1% in the third quarter of 2018 over the same period a year ago, led by backlist sales and a number of good frontlist performances, including Sally Field’s 'In Pieces.'
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HC Profits Soared 42% in Q1 of Fiscal 2019
Strong backlist sales, in addition to a 55% jump in sales of digital audiobooks, led to a 42% increase in earnings at HarperCollins in the quarter ended September 30, 2018, over the comparable period a year ago.
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Licensing Deal Boosts Q3 Results at HMH Trade Group
Boosted by a new licensing agreement for '1984' and 'Animal Farm,' sales and earnings at Houghton Mifflin Harcourt’s trade division both soared in the third quarter ended September 30, 2018, over the comparable period a year ago.
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Indigo Q2 Sales Slip, Loss Increases
Indigo CEO Heather Reisman attributed the sales decline and higher loss in the quarter to the chain's continued investment in renovating its stores.
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