Harry has epic effect on Scholastic’s Q1 performance
New York-based Scholastic Corporation rode the last instalment of the Harry Potter franchise to a 75% increase in revenue over Q1 last year. From a net loss of US$46.9 million in 2006, the publishing company brought in US$586.9 million this past quarter, thanks in large part to record-breaking sales of Harry Potter and the Deathly Hallows released on July 21.
September 21, 2007
Newsletter
