22 Titles Debut Or Return To The Newsstands In The Third Quarter Of 2022…(wordpress.com)

Meredith Corporation announced that it will raise the rate base of quarterly magazine The Magnolia Journal to 1.2 million beginning with the Spring 2018 issue. "The Magnolia Journal has been one of the most successful launches in the history of the magazine industry," said Meredith Magazine President Doug Olson. "In just a year we've generated 1 million paid subscribers. On newsstands, The Magnolia Journal has averaged nearly a 70 percent sell-through rate, compared to the industry average of 25 percent. And advertisers are clamoring to be in its pages. The Magnolia Journal is a home run in every sense of the word." Click Read More below for additional information.

Fourth Quarter Fiscal 2023 - Financial Results: *Net sales of $4.3 billion were up 1% compared to last year, inclusive of an estimated 2 percentage points of negative impact from the sale of Gap China. The addition of the 53rd week contributed approximately 4 percentage points of growth to the fourth quarter. -Comparable sales were flat year-over-year. -Store sales increased 4% compared to last year. -Online sales decreased 2% compared to last year and represented 40% of total net sales. *Gross margin was 38.9%, an increase of 530 basis points versus last year. -Merchandise margin increased 500 basis points versus last year primarily driven by lower commodity costs and improved promotional activity during the quarter. -Rent, occupancy, and depreciation (ROD) as a percent of sales leveraged 30 basis points versus last year. *Net income of $185 million; diluted earnings per share of $0.49.

Elena Armas self-published The Spanish Love Deception in February 2021. TikTok embraced the fake dating, enemies-to-lovers romance—videos hashtagged #TheSpanishLoveDeception have been viewed 73 million times to date—and in September 2021, Atria signed Armas to a two-book deal. “The slow-burning romance heats up the pages as Armas’s witty, intelligent protagonists reveal their innermost secrets and overcome their past misunderstandings,” our review said. “Rom-com fans will be riveted.” The book debuts at #3 on our trade paperback list; rights have been sold in 23 countries, and the sequel, The American Roommate Experiment, follows in September. Pop culture critic Chuck Klosterman lands at #5 on our hardcover nonfiction list with The Nineties, a “nostalgic look at the waning days of offline culture,” our review said, that “both piques and entertains.” Klosterman characterizes the era as one of ambivalence, but the book’s opening-week sales have been decisively enthusiastic. Latin Grammy Award–winning singer Chiquis Rivera lands at #8 on our hardcover nonfiction list with the memoir Unstoppable. A Spanish edition, Invencible, debuts at #20 on our trade paperback list.