L Brands Reports First Quarter Earnings

John Wiley and Sons Inc. is pleased to announce a partnership with the March for Science, a global nonpartisan movement that highlights the critical role science plays in improving our lives, understanding our world, and informing policymaking in communities across the world. On April 14, 2018, more than 220 cities around the world will host marches where scientists and supporters of science can come together. At the rally in Washington, D.C., Wiley is sponsoring a tent on behalf of the National Council for Science and the Environment. Longer-term, Wiley will support Vote for Science, a new program that seeks to secure the long-term funding of science policy, by providing access to scholarly and scientific content. Wiley is proud to support these two organizations and the work they do to improve the impact of research in communities around the world. Click Read More below for additional information.

Gannett Co., Inc. announced that the Board of Directors has decided to streamline the operating structure of the Company by eliminating the position of CEO of the operating company, Gannett Media Corp. Given this decision, the Board and Paul Bascobert have mutually agreed for Mr. Bascobert to terminate his employment with the Company. Mr. Bascobert’s departure is not the result of any inappropriate action by Mr. Bascobert, any violation of company policy, any accounting irregularity or any material deterioration in the business of the Company. Michael Reed, Chairman and Chief Executive Officer of Gannett, has assumed Mr. Bascobert’s responsibilities. While the Board does not intend to conduct a search to fill the role of Chief Executive Officer of Gannett Media, the Board does remain focused on attracting and retaining individuals whose skills and diversity will contribute to the Company’s digital transformation.“

Total Company net sales for the three months ended July 31, 2023, increased 7.5% to a record $1.27 billion. Total Retail segment net sales increased 5.9%, with comparable Retail segment net sales increasing 4.9%. The increase in Retail segment comparable net sales was driven by mid-single-digit positive growth in both retail store sales and digital channel sales. By brand, comparable Retail segment net sales increased 26.9% at the Free People Group and 10.6% at the Anthropologie Group and decreased 14.1% at Urban Outfitters. Wholesale segment net sales decreased 5.2% driven by a 6.5% decrease in Free People Group wholesale sales due to a decrease in sales to department stores, while Urban Outfitters wholesale sales increased by $0.5 million. Nuuly segment net sales increased by $27.0 million driven by an 85% increase in our subscribers versus the end of the prior year’s comparable quarter.