TITLE

Reader's Digest Trade Book Sales Up 11% In Second Quarter

PUB. DATE
January 2005
SOURCE
Book Publishing Report;1/31/2005, Vol. 30 Issue 4, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Reader's Digest's Inc. comparatively small trade books division was one of the bright spots of the second quarter of fiscal 2005 for a company still struggling with lower earnings, adjustments from a two-year old turnaround initiative and different accounting methods. Trade books posted $10 million in revenue for the second quarter, ended December 31, up 11% from the same quarter last year, according to BPR estimates. Total revenues for Q2 2005 were $798 million, a slight increase from Q2 2004 revenues of $796 million.
ACCESSION #
16029578

 

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