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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending August 26, 2012
PW's weekly look at print book sales based on numbers from Nielsen BookScan.
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Grey Delivers the Green for Random House
Fifty Shades of Grey helped bookstores enjoy one of their strongest summers in a number of years and the trilogy delivered in a big way for publisher Random House which this morning reported that sales for the first six month of 2012 rose 20%, to 947 million euros, while operating EBIT jumped 64% to 113 million euros.
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Six-Months Profits Fall at Lagardere Publishing
Total revenue at Lagardere Publishing was roughly flat in the first six months of 2012, but EBIT fell 20%, to 57 million euros.
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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending July 19, 2012
PW's weekly look at print book sales based in data from Nielsen BookScan.
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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending August 12, 2012
PW's weekly look at print book sales based on numbers from Nielsen BookScan.
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Revenue, Profits Rise at U.K.'s Quarto Group
London-based International publisher the Quarto Group reported overall revenues for the six months ended June 30 were $73.2 million, up 1% from the same period in 2011; and operating profit was $3.9 million, up 6% from the $3.7 million reported last year.
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A Down Quarter for Reader's Digest
Reader’s Digest continues to struggle to turnaround its various businesses in the digital age. In the second quarter ended June 30, sales fell 22.5% to $290.5 million and the company had a net loss of $93.9 million, a figure that includes a $113.4 million impairment charge.
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Legal Costs Hurt HarperCollins Earnings
With parent company News Corp. reporting fourth quarter and fiscal 2012 results Wednesday, HarperCollins issued a statement saying it had “a strong fourth quarter.” Excluding legal fees associated with the lawsuits around the agency e-book pricing model, HC said earnings were up for both the quarter and the year.
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Trade Sales Up in April
Sales of adult fiction and nonfiction rose 9.6% in April at the publishers that report to AAP's StatShot statistics program.
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Market Watch: Industry Stock, July 2012 Performances
With seven losers and seven winners, the Publishers Weekly Stock Index rose a modest 0.7% in July, just below the 1.0% gain recorded by the Dow Jones Industrial Average.
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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending July 31, 2012
PW's weekly look at print book sales based on numbers from Nielsen BookScan.
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Sales Up at S&S, But Legal Costs Drop Earnings
Sales at Simon & Schuster rose 3%, to $189 million, in the second quarter ended June 30, but costs associated with lawsuits tied to the agency e-book pricing model led to a $10 million drop in operating income before depreciation & amortization with OIBDA falling to $9 million.
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Sales Down, Earnings Up at Harlequin; Raises E-book Royalty
Second quarter sales at Harlequin fell to C$107.0 million from C$110.3 million, but operating profit rose to C$18.0 million from C$16.3 million in last year’s second period, parent company Torstar reported this morning.
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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending July 24, 2012
PW's weekly look at print books sales based on numbers from Nielsen BookScan.
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Amazon Picks Up Market Share
Amazon appears to have been the big winner in picking up former Borders customers. According to new figures from Bowker Market Research, Amazon’s share of book spending in the first quarter of 2012 was 29%, up from 23% in the comparable period in 2011. Barnes & Noble’s share of spending, in second place, rose to 20%, from 19%, with the gain coming from B&N’s stores as BN.com’s share of spending held even at 3%. In the first quarter of 2011, Borders held a 10% share of spending.
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Profits Fall 48% at Penguin on 4% Sales Decline
After several years of steady growth Penguin Group had a 4% decline in sales to £441 million, and a 48% drop in adjusted operating profit, to £22 million, in the first six months of 2012, parent company Pearson reported this morning.
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Sales Down, Earnings Up at McGraw-Hill Education
With the separation of McGraw-Hill Education from the rest of the company still on track to take place before the end of the year, McGraw-Hill Cos. this morning reported that for the second quarter ended June 30 sales at MHE declined 12%, to $474 million.
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Third Quarter Sales Off at Courier Corp.
Declines in both its publishing and manufacturing segments led to a 5% drop in total sales, to $58.9 million, at Courier Corp.
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Oxford University Press Posts Strong Results
It may still be a tough economy, but in its annual report released this week Oxford University Press posted strong growth. Globally, OUP saw a 10% growth in sales, with revenue of £695 million—that’s over $1 billion for the fiscal year ended March 31.
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The Weekly Scorecard: Tracking Print Book Sales for the Week Ending July 15, 2012
PW's weekly look at sales of print books based on numbers from Nielsen BookScan.
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