* Revenue for the third quarter of fiscal year 2015 was $339.9 million, a 19 percent increase compared to revenue of $286.2 million reported in the same quarter a year ago. The year-over-year strengthening of the U.S. Dollar has negatively impacted the U.S. Dollar value of our revenues generated from countries other than the United States. Excluding the estimated impact from currency exchange rate fluctuations and revenue from businesses acquired during the past twelve months, total revenue grew 11 percent year over year in the third quarter, in line with our expectations. * Gross margin (revenue minus the cost of revenue as a percent of total revenue) in the third quarter was 63.1 percent, down from 64.7 percent in the same quarter a year ago. The year-over-year reduction in gross margin was primarily due to the mix effect of our acquisitions of Printdeal and Pixartprinting, which have lower gross margins than our Vistaprint-branded business. Excluding the businesses we acquired during the past twelve months, our gross margin increased moderately year over year driven by efficiency gains and currency fluctuations.
Unit sales of print books rose 1.3% in 2018 over 2017 at outlets that report to NPD BookScan. According to BookScan, which tracks 80% to 85% of print sales, units topped 695 million in the 52-week period ended December 29 compared to 686.9 million in 2017. Print book sales have been trending upward, albeit at a slow pace, since 2013.
The modest 2018 gain was driven by the adult nonfiction segment. Not only did political books pile up big sales last year, but Michelle Obama’s Becoming was 2018’s runaway bestseller, selling 3.4 million copies at outlets that report to BookScan.
A total of five books sold more than 1 million print copies in 2018, all of which were frontlist titles. In 2017, the two top selling books were backlist titles, Wonder by R.J. Palacio and Milk and Honey by Rupi Kaur.
more at source: https://www.ibpa-online.org/news/433271/Print-Unit-Sales-Increased-1.3-in-2018.htm