Comic-shop growth helps IDW report a $460,000 quarterly profit while book-channel sales decline
ICv2 reported on September 11 that IDW posted US$460,000 in fiscal third-quarter net income, up from US$281,000 a year earlier, and moved year-to-date results from a prior-year US$1.5 million loss to a US$457,000 profit. Quarterly sales rose 4.8% to US$7.1 million. Management attributed a US$771,000 comic-shop increase to licensed and crossover titles, partly offset by a US$381,000 book-channel decline tied to backlist sales.
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