Every three months I’ve been looking at Barnes & Noble’s quarterly conference call to get some insight into recent book industry trends and to see which books were the big sellers over the past few months and which are expected to be big in the coming months. Barnes & Noble’s second quarter ended August 4th. Almost certainly, it’ll be the last time that the bookstore chain will experience the rush of sales generated by Harry Potter, and the company made the most of it, riding the Boy Wizard to results that came in at the high end of its forecast and meeting Wall Street estimates that had been padded with high expectations for the final Potter installment. With Potter coming out late in the quarter, however, the vaunted “Potter effect” was only in play for the final two weeks of the period.Here are the highlights from CEO Steve Riggio on the Q2 conference call (courtesy Seeking Alpha):Harry Potter drove sales higher but knocked Barnes & Noble’s profit margin lower thanks to “significant discounting.” The book was marked down 40% instead of the usual 30%.More Harry – selling well but tailing off: “The book sold even better than our expectations in its first days on sale, but in the following weeks, sales of the book tailed off quite a bit, as it was available in abundant quantity in a large number of mass merchants and non-book store retailers. Nevertheless, Harry Potter and the Deathly Hallows continues to sell well. It remains our number one best selling hard cover title, and we expect to sell hundreds of thousands of copies through the end of the year.”But perhaps the Potter party isn’t over yet: “We believe that sales of the entire series are going to continue to dominate children’s bestseller lists for many, many years. While the Harry Potter cycle may be complete for those who have read the entire series, it is yet to be discovered by millions of readers now and in the years ahead.”Moving beyond Potter, Barnes & Noble saw “a mix of expected bestsellers from brand name writers and the emergence of a few sleepers.” The expected: Khaled Hosseini’s A Thousand Splendid Suns, Janet Evanovich’s Lean Mean Thirteen and James Patterson’s two books, The Quickie and The 6th Target. The sleepers: Conn and Hal Iggulden’s The Dangerous Book for Boys. Thomas Cathcart’s Plato and A Platypus Walked Into a Bar, Denise Jackson’s It’s All About Him, and Elin Hilderbrand’s Barefoot. The fourth Barnes & Noble Recommends selection, Paulette Giles’ Stormy Weather also saw “strong sales.”Riggio also mentioned a recently published book, Eclipse by Stephenie Meyer. Apparently vampires never go out of style because according to Riggio, the book has “catapulted Stephanie Meyer into the ranks of mega bestselling authors. It outsold Harry Potter, toppled it from the bestseller list and it actually became the fastest-selling teen novel in our history.”And finally, Riggio previewed third quarter releases that are expected to be big: Bill Clinton’s Giving, Alan Greenspan’s The Age of Turbulence, the late David Halberstam’s final book, The Coldest Winter, John Grisham’s Playing for Pizza, Alice Sebold’s The Almost Moon, and the tie-in book for the Ken Burns WWII PBS documentary airing this fall.
With year nearly half over, it’s time once again to look ahead at books that will be arriving in the coming months. 2007 was very much a front-loaded year in terms of big-name literary releases with heavyweights like Delillo, McEwan, Murakami, Lethem, and Chabon all dropping new titles early in the year. The second half of 2007, while it doesn’t have as many headline grabbers (excluding Harry Potter, of course), does have a number of interesting books on offer.September: I’ve already written about the Junot Diaz book The Brief Wondrous Life of Oscar Wao. Here’s what I said “The reason I’m so excited about this is that Diaz’s story by the same title in the New Yorker’s 2000 end-of-year fiction issue was one of the best stories that’s appeared in the magazine in the ten years I’ve been reading it. It is a story so good that I still remember talking to various people about it in my then home city of Los Angeles, people with whom I never before or after talked fiction. It was a story that got around. And now, finally, it has blossomed into a book.” Since then, the New Yorker has published another excerpt from the book, in the June 11 & 18 Summer Fiction issue, but the story isn’t available online.Suite Francaise, a posthumously published work by a Russian-born, French novelist who died in the Holocaust was a surprise bestseller in 2006. Though Irene Nemirovsky was a celebrated writer in the 1930s, she had been largely unknown to today’s readers. Now, however, her work is returning to the spotlight. Like Suite Francaise, Fire in the Blood was written during the early years of the war, but only published decades later. Unlike Suite Francaise, Fire in the Blood does not center on the war, instead “it dwells on intense, often repressed emotional conflict set against bucolic country life,” according to the International Herald Tribune where more about the book and Nemirovsky can be found.Songs Without Words is Ann Packer’s follow-up to her acclaimed debut, The Dive from Clausen’s Pier. Based on some reports from BEA, the book has generated some buzz, but I haven’t seen any early reviews. Publisher Knopf describes the book as a chronicle of a friendship between two women that is shaken when an “adolescent daughter enters dangerous waters” and “the fault lines in the women’s friendship are revealed.” An excerpt from the book is available, too.Denis Johnson has a hefty new tome (600+ pgs) on the way. As Garth pointed out to me when he snagged a galley of the book at BEA, Tree of Smoke has garnered some serious praise from FSG head Jonathan Galassi. His letter from the front of the galley says: “The novel you’re holding is Denis Johnson’s finest work, I believe, and one of the very best books we have ever had the honor to publish. Tree of Smoke has haunted me in the sense that I’ve thought about it and dreamed about it since I finished reading it, and the impression it left has only deepened over time. I think it is a great book, and I hope you will enjoy it as much as I have.” (via SoT)Richard Russo is taking something of a departure from his usual terrain in upstate New York with his new novel Bridge of Sighs. The book’s protagonist Louis Charles “Lucy” Lynch hales from upstate Thomaston, but the book’s action takes place partly in Venice where Lucy goes with his wife to find a childhood friend. From the sound of it, Russo stays true to the themes and tone of his past books but broadens the geography a bit.October: Ann Patchett, author of big seller Bel Canto has a new book coming out called Run. Patchett recently told Amazon the book is “about a man who is the former mayor of Boston, who has three sons and who has political ambitions for his sons that perhaps one of them would go on to be president, and he pushes them in that direction.” Or if you want a snappier blurb: “Joe Kennedy meets The Brothers Karamazov,” which sounds more than a little intriguing. Curious readers can listen to Patchett reading from the book courtesy WGBH Boston.In my early days as a bookseller, Alice Sebold’s The Lovely Bones was one of the first bestsellers I encountered from that side of the retail equation. I came to understand that this meant having a copy of the book within reach at all times since requests for it came unabated. At one point I even had the book’s ISBN memorized from ringing it up so frequently. Sebold and her publisher will undoubtedly be hoping for similar success with her follow-up novel The Almost Moon. USA Today recently ratcheted up the hype by revealing the book’s first sentence: “When all is said and done, killing my mother came easily.”Tom Perotta’s last book, Little Children got noticed both because of good reviews and because Pepperidge Farm made publisher St. Martin’s take its goldfish crackers off the cover (they were replaced by chocolate chip cookies). Perrotta’s new book, The Abstinence Teacher depicts no food whatsoever on the cover. The book treads Perrotta’s usual turf: the raw underbelly of suburbia. Following in the footsteps of Election, another Perrotta novel, a film version of The Abstinence Teacher is said to be in the works.Perhaps the “biggest” book yet to come out during the second half of this year, though, will be Philip Roth’s Exit Ghost. Billed as the final Zuckerman novel, Exit Ghost follows Zuckerman back to New York where he is seeing a doctor but is waylaid when chance encounters stir things up in the way things get stirred up in Roth novels. An early look from PW is less than impressed – “the plot is contrived.” A random blogger offers a different opinion. With the publication date several months away, the jury is still out.The above are the forthcoming books that have caught my eye, but I’m sure I’ve missed some good ones. Tell us about them in the comments.