| Record Revenue Increase for Christian Publishing Firm |
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| Posted by Emily Zenker |
03:50 PM Wednesday, 10 October 2007 |
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Michael S. Hyatt, president and CEO, attributes his company's recent success to company policies that "[afford] us the focus we needed to create products that are relevant to consumers." Hyatt anticipates continued growth for the remainder of the year, bolstered by new releases from popular authors Ted Dekker, John Eldredge, and others. |
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Thomas Nelson Inc., one of America's largest Christian publishers,
recently announced a 10 percent increase in net revenues and a 35 percent sales
increase at the close of the year's second fiscal quarter. This marks the
company's best quarterly growth since its establishment in 1798. Sales
increases were concentrated in the categories of study Bibles and inspirational
gift books.