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Trade Book Exports Rose 7%
Exports of trade books rose 7.2% in 2012 to $833.4 million, according to figures released this morning by the AAP. The figures, drawn from BookStats, shows that exports of e-books rose 63% in the year, while print book exports increased 1.3%.
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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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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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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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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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Industry Stocks: April Performers
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Sales Down, Profits Up at Simon & Schuster
Profits at Simon & Schuster rose 20% in the first quarter ended March 31 compared to a year ago, despite a 3% decline in sales.
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Penguin Has 'Good Start,' Quarto Sales Dip
In “trading updates” issued last Friday in the U.K., Pearson reported that Penguin had a “good start” to the year, while Quarto Group reported that first quarter sales fell 6%, to $32 million and operating profit fell to $544,000 from $666,000.
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North America Media Sales Rose 14% at Amazon
Amazon’s sales rose 22% in the first quarter, to $16.07 billion, but net income fell 37%, to $87 million. As Amazon expands, books and even Kindles are becoming a smaller part of its overall business.
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Trade Up, Industry Down in 2012, StatShot Shows
Sales were up for both the adult trade and children’s/YA trade segments in 2012, but revenue for the entire industry fell 2.2%, to $14.90 billion at the 1,193 companies that report to AAP’s StatShot program.
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Industry Stocks: March Performers
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Profits Jumped 75% at Random House
Random House parent company Bertelsmann announced that worldwide revenue at RH rose 22.5%, to 2.14 billion euros in 2012, while operating EBIT skyrocketed 75.6% to 325 million euros.
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AAP Monthly StatShot, November
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Scholastic Suffers from Hunger Pains
With sales of the Hunger Games trilogy falling even more than expected in the quarter ended February 28 compared to a year ago, Scholastic reported that revenue for the company fell 18.5%, to $380.5 million, while the net loss deepened to $20.1 million from $10.3 million.
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