and more.
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Industry Stocks: April 2017 Performances
With the stock prices of five companies falling in April and another five rising, the Publishers Weekly Stock Index rose 3.3% in the month.
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HMH Trade Reports Improved Q1
Just days after laying off over 20 people in its trade division, Houghton Mifflin Harcourt reported that revenue in the division rose 16% in the first quarter ended March 31.
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Sales, Earnings Rise at S&S; in Q1
Revenue at Simon & Schuster rose 11% in the first quarter ended March 31, 2017 over the comparable period a year ago, while operating income increased 8%.
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Revenue From Retail Products Up, in Q1, at Amazon
Sales of retail products at Amazon rose 15% in the first quarter of 2017 over the comparable period last year. Among the many items sold in the sector are print and digital books.
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Adult, Kids' Sales Rose in November
Sales in the adult trade category increased 6.8% in November over a year ago, and sales in the children’s/young adult category jumped 16.2%, according to the AAP.
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Amazon's Stock Price Soars in Q1 2017
With an 18% increase in Amazon's stock price for Q1 2017 over Q4 2016, the tech giant posted the largest gains of the companies tracked in the PW Stock Index.
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Despite Upswing in Sales, Quarto Reports Loss in 2016
A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose.
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Sales, Earnings Fell at PRH in 2016
The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015.
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Scholastic Has Third Quarter Loss on Lower Sales
Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago.
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'March' Led Sales Rise at IDW Publishing
Continued strong sales of 'March' helped to drive a 19% increase in revenue in the first quarter ended January 31, 2017, in IDW Media's publishing division.
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