U.S. Postal Service targets small businesses with same-day delivery (chainstoreage.com)

Bookstore sales ended the first half of 2017 with a small gain over the comparable period in 2016, according to preliminary estimates released by the U.S. Census Bureau. Sales rose by $11 million over the first six months of 2016, hitting $5.06 billion, an increase of 0.2%. The small gain was driven by four consecutive months of modest sales increases in 2017 over 2016 after bookstore results had declined in January and February. In June, sales were up 1.5% over June 2016, reaching $721 million. For the entire retail segment, sales for the first half of 2017 rose 4.0% over the comparable 2016 period and were up 2.2% in June. source Publisher'sWeekly.com

Fourth Quarter 2020 Consolidated Results • Fourth quarter revenues of $875.4 million rose 25.2% as compared to the prior year quarter reflecting the acquisition of Legacy Gannett. ◦ Same store pro forma revenues (as defined and reconciled on Table No. 5 below) decreased 16.3%, due to unfavorable impacts resulting from the COVID-19 pandemic and general trends adversely impacting the publishing industry. This is an improvement of 330 basis points over the third quarter 2020 trend. • Digital advertising and marketing services revenues reached $223.3 million in the fourth quarter, or 25.5% of total revenues. • Net loss attributable to Gannett of $122.2 million in the fourth quarter reflects a $74.3 million non-cash loss on the derivative associated with our convertible notes and a $42.1 million loss associated with the early extinguishment of debt.

For the first quarter ended May 5, 2018: • Net sales were $3.8 billion, an increase of 10% compared with last year. Excluding the impact from the adoption of the new revenue recognition standard, net sales increased 6% compared with last year. * The translation of foreign currencies into U.S. dollars positively impacted the company’s net sales for the first quarter of fiscal year 2018 by about $40 million. First quarter net sales details appear in the tables at the end of this press release. • Gross profit was $1.43 billion, an increase of 10% compared with last year. Excluding the impact from the adoption of the new revenue recognition standard, gross profit increased about 3% compared with last year. Click Read More below for additional information.