Gannett Co. (GCI) Releases April Sales Data
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Gannett Co., Inc. (NYSE: GCI) reported that total pro forma operating revenues for the fourth period ended May 6, 2007 declined 2.0% compared with the fourth period in 2006.
Pro forma newspaper advertising revenues in April were 3.1% lower compared with April 2006.
Pro forma local advertising revenues declined 1.0% in the fourth period. In the U.S., across all products, all major categories excluding telecommunications and home improvement lagged last year. On a constant currency basis, local advertising would have been 2.1% lower.
Pro forma classified revenues declined 6.2% in the fourth period. On a constant currency basis, pro forma classified revenues would have been 9.0% lower. Real estate revenues were down 6.5%, employment revenues were 5.4% lower, and automotive revenues declined 14.8% while other classified revenues were 1.0% higher.
Pro forma national advertising revenues for the fourth period were 0.9% lower. At USA TODAY, advertising revenues declined 1.7% on paid ad pages of 381 versus 414 last year.
Pro forma newspaper advertising revenues in April were 3.1% lower compared with April 2006.
Pro forma local advertising revenues declined 1.0% in the fourth period. In the U.S., across all products, all major categories excluding telecommunications and home improvement lagged last year. On a constant currency basis, local advertising would have been 2.1% lower.
Pro forma classified revenues declined 6.2% in the fourth period. On a constant currency basis, pro forma classified revenues would have been 9.0% lower. Real estate revenues were down 6.5%, employment revenues were 5.4% lower, and automotive revenues declined 14.8% while other classified revenues were 1.0% higher.
Pro forma national advertising revenues for the fourth period were 0.9% lower. At USA TODAY, advertising revenues declined 1.7% on paid ad pages of 381 versus 414 last year.
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