AAP August 2020 StatShot Report: Publishing Industry Flat for Month; Down 4.6% Year to Date

The Association of American Publishers (AAP) today released its StatShot report for August 2020 reflecting reported revenue for all tracked categories, including Trade (consumer publications), K-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses.

Total revenues across all categories for August 2020 were essentially flat at $1.9 billion, an increase of 0.3% as compared to August 2019. Year-to-date sales were $9.4 billion, a decline of 4.6% as compared to the same period last year.

Trade (Consumer Books) sales were notably up 6.9% year-over-year, coming in at $703.6 million. Year-to-date (January-August 2020) Trade sales were $5.0 billion, an increase of 5.2%, as compared to the first eight months of 2019.

In terms of physical paper format revenues during the month of August, in the Trade (Consumer Books) category, Hardback revenues were up 11.8%, coming in at $259.2 million; Paperbacks were down 1.1%, with $219.7 million in revenue; Mass Market was down 33.7% to $14.7 million; and Board Books were down 22.6%, with $14.5 million in revenue.

On a year-to-date basis, Hardback revenues were $1.7 billion, up 6.0%; Paperbacks were $1.6 billion, up 1.0%; Mass Market was $147.1 million, a decline of 6.9%; and Board Books were $101.3 million, up 6.7% as compared to the first eight months of 2019.
details and more at: https://publishers.org/news/aap-august-2020-statshot-report-publishing-industry-flat-for-month-down-4-6-year-to-date/

Related Posts

U.S. Postal Service Reports Second Quarter Fiscal Year 2024 Results

The U.S. Postal Service today announced its financial results for the second quarter of fiscal year 2024 (Jan. 1, 2024 - Mar. 31, 2024). The net loss for the quarter under generally accepted accounting principles (GAAP) totaled $1.5 billion, compared to a net loss of $2.5 billion for the same quarter last year. GAAP results for the quarter were negatively impacted by $1.4 billion of expenses attributed to the amortization of unfunded retiree pension liabilities, offset by a workers' compensation non-cash benefit of $224 million driven by actuarial revaluation and discount rate changes; these factors are not controllable by the Postal Service. Controllable loss, as defined below, for the quarter was $317 million, compared to a controllable loss of $498 million for the same quarter last year. These results were favorably impacted by increased revenue and lower transportation costs, partially offset by the continued effect of inflation on operating expenses. Total operating revenue was $19.7 billion for the quarter, an increase of $410 million, or 2.1 percent, compared to the same quarter last year.

Macy’s, Inc. Provides Preliminary First Quarter 2020 Financial Results

*Diluted loss per share of $(2.10) and Adjusted Diluted loss per share of $(2.03) *Reopened stores performing better than anticipated *E-commerce trend improved in May; curbside pickup performing well *Anticipate exiting Q2 in a clean inventory position - “The COVID-19 pandemic significantly impacted our first quarter sales and earnings results, but I am proud of the way our team navigated this difficult period and maintained the business while our stores were closed,” said Jeff Gennette, chairman and chief executive officer. “Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong. By June 1, we had approximately 450 stores reopened, with the majority opened in their full format. Our reopened stores are performing better than anticipated. Importantly, we are receiving positive feedback on the curbside pickup experience and our efforts to create a safe and welcoming shopping environment."

L Brands Reports August 2017 Sales

L Brands, Inc. reported net sales of $842.1 million for the four weeks ended Aug. 26, 2017, a decrease of 1 percent, compared to net sales of $852.9 million for the four weeks ended Aug. 27, 2016. Comparable sales decreased 4 percent for the four weeks ended Aug. 26, 2017. For August, the exit of the swim and apparel categories had a negative impact of about 2 percentage points and 3 percentage points to total company and Victoria’s Secret comparable sales, respectively. The company reported net sales of $6.034 billion for the 30 weeks ended Aug. 26, 2017, a decrease of 5 percent compared to net sales of $6.356 billion for the 30 weeks ended Aug. 27, 2016. Comparable sales decreased 8 percent for the 30 weeks ended Aug. 26, 2017. Click Read More below for additional detail.
Back To Top
×Close search
Search