The Company reported fiscal 2023 third quarter total revenues of $2.45 billion, a 2% decrease compared to $2.49 billion in the prior year period. The decline was primarily due to a $98 million, or 4%, negative impact from foreign currency fluctuations and lower revenues at the Digital Real Estate Services segment due to continued challenging housing market conditions in the U.S. and Australia. Net income for the quarter was $59 million, a 43% decline compared to $104 million in the prior year, primarily due to lower Total Segment EBITDA, as discussed below, higher depreciation and amortization expense and higher losses from equity affiliates, partially offset by lower impairment charges.

Our corrugated manufacturing facility has expanded its capabilities to provide even more options for sustainable, innovative, and customer-focused packaging solutions that protect products and improve supply chain efficiency. Here are some of the benefits our customers can expect from these changes: *Located just outside of Charleston, South Carolina, our corrugated plant exists to help our customers succeed with some of the best production lead times in the market. *Whether it’s designing for multiple SKUs or creating multi-component packaging with interior forms, we deliver unmatched value. *Our hybrid business model strikes the perfect balance between packaging distribution and value-added manufacturing — representing 30% of our revenue. *From regular slotted containers to jumbo boxes and retail displays, we tailor each solution to meet your specifications with efficiency, flexibility, and superior care.

Despite the lack of a hot new title in the first nine months of 2017, print unit sales for the period were 2% higher than in the comparable timeframe in 2016. According to NPD BookScan, print units were 467.7 million in the January–September period, up from 460.6 million the previous year. While it is certainly possible that some fall books will ring up big numbers, the small sales gain to date has been driven by backlist titles. Only three of the year’s top 10 bestsellers to date were released in this calendar year. John Grisham’s Camino Island was the top new book, selling more than 528,000 print copies since its release in June to land at #5 on the year-to-date bestseller list. The other new titles on the top 10 list are Ruth Ware’s The Woman in Cabin 10 (#7) and Lilac Girls by Martha Hall Kelly (#10). The bestselling title so far this year is Milk and Honey by Rupi Kaur. Released in October 2015, the book has sold more than 706,000 copies in 2017, easily outdistancing the second-place book, Oh, the Places You’ll Go by Dr. Seuss. Click Read More below for more of the story.