Courier Records Modest Declines in Q4, Net Loss for Fiscal Year

“Faced with widespread caution among consumers and retailers, our publishing businesses focused on value-priced titles and emerging market niches,” said Mr. Conway. “While sales were down overall, all three brands had notable successes, from Dover’s new Sesame Street Activity Books to Creative Homeowner’s award-winning 3-Step Vegetable Gardening and REA’s exciting relaunch of its highly regarded Advanced Placement Test Prep series. With our recently integrated administrative infrastructure throughout the segment, we continue to improve at getting products into development and out to market quickly and effectively. Once consumers return to the stores, they’ll also find we have more than ever to offer.”