Scholastic

Scholastic Corp. engages in the publication and distribution of children's books, magazines, and teaching materials. It operates through the following segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment includes the publication and distribution of children's books, e-books, media, and interactive products. The Education segment publishes and distributes children's books, other print and on-line reference, non-fiction and fiction focused products, classroom magazines and classroom materials to schools and libraries. The International segment offers products and services outside the United States by the firm's international operations, export, and foreign rights businesses. The company was founded by Maurice R. Robinson in 1920 and is headquartered in New York, NY.

Earnings data Q3 2021

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Earnings data Q1 2025

Earnings data Q2 2025

Scholastic reports strong Q4 performance and addresses literacy challenges

Scholastic's Q4 results showcased strong performance and improved margins, but challenges include headwinds in the retail bookselling market and softer spending trends in schools. The company is focused on sustainable growth, leveraging Children's Book businesses, and addressing literacy issues through federal and state funding measures.

Scholastic reports Q3 losses, focuses on growth amid challenges

Scholastic faces challenges from market headwinds, high costs, and delays impacting financial results, while showcasing strengths in the Children's book segment and Education Solutions investments.
The company's proactive approach to operational efficiency and capital allocation strategy positions it well for growth opportunities and cost management, despite current challenges.
With a focus on driving growth initiatives and managing costs, Scholastic aims to navigate obstacles, capitalize on opportunities, and enhance financial performance in the future.

Scholastic reports robust Q4 earnings, eyes growth through literacy initiatives

Scholastic's strong financial performance in Q4 and full year, coupled with a focus on long-term growth strategies, position the company well for fiscal 2024 and beyond. Despite challenges in international markets and softer spending in education, the company remains confident in its opportunities for growth and shareholder value creation.

Scholastic reports Q1 losses but eyes growth through literacy

Scholastic's Q1 2024 performance reflects a mix of strengths, challenges, and opportunities.
Management's focus on literacy, successful book sales, and strategic investments underpin future growth.
Addressing revenue declines and cost challenges while leveraging growth opportunities will be key.
Overall, Scholastic remains committed to its fiscal 2024 guidance and shareholder value creation.

Scholastic Q2 2024 Earnings: Resilience Amidst Challenges, Strategic Growth Initiatives

Scholastic's Q2 2024 performance showcased resilience amidst challenges, with a focus on optimizing revenue streams and operational efficiency across segments.
While facing revenue declines in certain segments, the company capitalized on strengths in Trade Publishing and Book Fairs, indicating strategic adaptability and market responsiveness.
By addressing challenges in Book Clubs and international markets, Scholastic aims to leverage opportunities in education solutions and share repurchases for sustained growth and shareholder value.

Scholastic reports mixed Q3 results, eyes growth opportunities ahead

Scholastic's Q3 performance showed mixed results with revenue declines in some segments but growth in others. The company is focused on achieving its financial targets, enhancing capabilities through acquisitions, and addressing challenges in specific divisions.

Scholastic reports Q4 revenue decline, eyes growth amid challenges

Scholastic faced revenue declines in Q4 2024 but demonstrated strengths in strategic investments and shareholder returns.
Challenges in Children's Books and Education Solutions segments were offset by opportunities for growth and market navigation.
The company's focus on modest growth in fiscal 2025 and strong free cash flow position it well for future opportunities.
Scholastic's performance reflects a mix of challenges and strengths, with a strategic outlook for the upcoming fiscal year.

Scholastic reports Q1 revenue growth, eyes long-term profitability

Scholastic's Q1 performance showed revenue growth and improved operational metrics, with a focus on long-term growth initiatives.
The company faces challenges in certain segments but has opportunities for operational improvements and profitability.
Strengthened by successful releases and positive segment performance, Scholastic affirms its fiscal year 2025 guidance.
With a strategic focus on growth and returning capital to shareholders, Scholastic aims for sustained performance.

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Scholastic Corp. engages in the publication and distribution of children's books, magazines, and teaching materials. It operates through the following business segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment includes the publication and distribution of children's books, e-books, media, and interactive products. The Education segment publishes and distributes children's books, other print and on-line reference, non-fiction and fiction focused products, classroom magazines and classroom materials to schools and libraries. The International segment offers products and services outside the United States. The company was founded by Maurice R. Robinson in 1920 and is headquartered in New York, NY.

Scholastic Corporation (NASDAQ:SCHL ) Q1 2025 Earnings Call Transcript September 26, 2024 4:30 PM ET Company Participants Jeffrey Mathews - EVP and Chief Growth Officer Peter Warwick - President and CEO Haji Glover - CFO and EVP Conference Call Participants Brendan McCarthy - Sidoti Operator Good day and thank you for standing by. Welcome to the Scholastic Reports Q1 Fiscal Year 2025 Results Conference Call.

Scholastic Corporation (SCHL) Q1 2025 Earnings Call Transcript

Scholastic (SCHL) came out with a quarterly loss of $2.13 per share versus the Zacks Consensus Estimate of a loss of $2.48. This compares to loss of $2.20 per share a year ago.

Scholastic (SCHL) Reports Q1 Loss, Tops Revenue Estimates

Company Affirms Fiscal 2025 Guidance NEW YORK , Sept. 26, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal first quarter ended August 31, 2024.

Scholastic Reports Fiscal 2025 First Quarter Results

NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Jeffrey Mathews has been appointed to the new role of Scholastic's Chief Growth Officer and Executive Vice President, effective immediately.

Scholastic Appoints Jeffrey Mathews as Chief Growth Officer

The 2024-25 cohort of 27 kids ages 10-14 join a legacy of more than 500 students who have participated in the award-winning program, reporting "news for kids, by kids" NEW YORK , Sept. 23, 2024 /PRNewswire/ -- Today, Scholastic welcomes 27 student journalists to join the award-winning Scholastic Kids Press program.

Scholastic Kids Press Celebrates 25th Class of Student Journalists

NEW YORK , Sept. 18, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2025.

Scholastic Corporation Announces Second Quarter Dividend

NEW YORK , Sept. 12, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its first quarter fiscal year 2025 earnings announcement: Earnings Release: Thursday, September 26, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com.

Scholastic Corporation Announces Date for First Quarter Fiscal 2025 Earnings Release and Conference Call

NEW YORK , Sept. 10, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing education and media company, today announced that Stacey Jaffe has been named Scholastic's Chief Digital Officer, effective immediately.

Scholastic Names Stacey Jaffe as Chief Digital Officer

The Family Guide offers a wealth of insights focusing on how books are critical in fostering communication between parent and child across all ages NEW YORK , Aug. 20, 2024 /PRNewswire/ -- Today, Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, released a Family Guide filled with new data from the Kids & Family Reading Report™: 8th Edition, designed to support families and make books part of growing up for every child. The Family Guide addresses a variety of developmental milestones and common conversations during each age range.

Scholastic Kids & Family Reading Report™ Releases New Data to Support Making Books Part of Growing Up for Every Child

Scholastic missed expectations in its most recent quarter. The company felt the impact of a slowdown in school and consumer spending.

Why Scholastic Stock Is Failing to Impress Today

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Friday.

Scholastic Posts Downbeat Results, Joins Beyond Meat And Other Big Stocks Moving Lower In Friday Pre-Market Session

Scholastic Corporation (NASDAQ:SCHL ) Q4 2024 Earnings Conference Call July 18, 2024 4:30 PM ET Company Participants Jeffrey Mathews - Investor Relations Peter Warwick - President & Chief Executive Officer Haji Glover - Chief Financial Officer Conference Call Participants Brendan McCarthy - Sidoti & Company Operator Thank you for standing by, and welcome to the Scholastic Reports Fourth Quarter Fiscal Year 2024 Results. At this time, all participants are in listen-only mode.

Scholastic Corporation (SCHL) Q4 2024 Earnings Call Transcript

Scholastic (SCHL) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.26 per share a year ago.

Scholastic (SCHL) Lags Q4 Earnings and Revenue Estimates

Advanced Long-Term Growth Strategy and Investments, While Navigating Increased Spending Headwinds in School-Based Businesses in Fourth Quarter Returned Over $181 Million to Shareholders and Advanced 360-Degree Content Strategy with Addition of 9 Story Media Group in Fiscal 2024 Targeting Modest Growth in Fiscal 2025, With Continued Investment in Growth Initiatives and Cost Management NEW YORK , July 18, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal fourth quarter and full year ended May 31, 2024. Peter Warwick, President and Chief Executive Officer, said, "Scholastic made significant progress last quarter advancing our 360-degree content creation strategy, as we expand our opportunities as a global children's media company.

Scholastic Reports Fourth Quarter and Fiscal 2024 Results

NEW YORK , July 17, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2025. The dividend is payable on September 16, 2024, to all shareholders of record as of the close of business on August 30, 2024.

Scholastic Corporation Announces First Quarter Dividend

NEW YORK , July 3, 2024  /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its fourth quarter and fiscal year 2024 earnings announcement: Earnings Release: Thursday, July 18, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com. Conference Call: Thursday, July 18, 2024, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President.

Scholastic Corporation Announces Date for Fourth Quarter and Fiscal 2024 Earnings Release and Conference Call

Transaction Further Strengthens Scholastic's 360-Degree Content Creation Strategy and Position as a Leading Children's Media Company NEW YORK and TORONTO , June 21, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has closed its previously announced definitive agreement to invest in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content, after receiving a satisfactory opinion from the Minister of Canadian Heritage with respect to the transaction, in addition to satisfying customary closing conditions. The transaction further enhances Scholastic's development, production and licensing interests, expanding opportunities to leverage its trusted brand and best-selling publishing and global children's franchises to build deeper connections with young people around the world across print, screen and merchandising.

Scholastic Closes Investment in 9 Story Media Group, Award-Winning Creator, Producer and Distributor of Premium Children's Content

Curated online hub for students, families, and educators includes book lists alongside print, audio and video resources informed by leading child development experts NEW YORK , May 17, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, has launched an online hub of books and curated, free resources with insights from leading child development experts to encourage positive experiences in and out of the classroom for children of all ages. To learn more about the Scholastic Mental Health Resource, visit: scholastic.com/emotionalhealth.

During Mental Health Awareness Month, Scholastic Launches Resources to Make the Benefits of Literacy for Children's Emotional Well-Being More Accessible

Scholastic Corporation (SCHL) Q3 2024 Earnings Call Transcript

Scholastic (SCHL) came out with a quarterly loss of $0.80 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.57 per share a year ago.

Scholastic (SCHL) Reports Q3 Loss, Lags Revenue Estimates

Consolidated Trade Sales Increased 7% Announced Agreement to Invest in 9 Story Media Group, Expanding Opportunities to Build and Monetize Global Children's IP Over $60 Million Returned to Shareholders in Third Quarter NEW YORK , March 21, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal third quarter ended February 29, 2024. Peter Warwick, President and Chief Executive Officer, said, "Last quarter Scholastic's continued successes in children's book publishing and entertainment demonstrated our leadership in building beloved children's franchises and brands.

Scholastic Reports Fiscal 2024 Third Quarter Results

NEW YORK , March 21, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Alix Guerrier and Kaya Henderson were appointed to its board of directors (the "Board") as independent directors, effective March 20, 2024. Mr. Guerrier was appointed to the Board by the directors elected by holders of Scholastic's Common Stock, and Ms.

Scholastic Appoints Alix Guerrier and Kaya Henderson to its Board of Directors

NEW YORK , March 20, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the fourth quarter of fiscal 2024. The dividend is payable on June 17, 2024, to all shareholders of record as of the close of business on April 30, 2024.

Scholastic Corporation Announces Fourth Quarter Dividend

Scholastic Corp. is making a $186 million investment in children's entertainment mainstay 9 Story Media Group. With operations in Toronto, Dublin, New York and Bali, 9 Story Media Group has 850 creative and corporate employees.

Scholastic Invests $186M In Children's Entertainment Mainstay 9 Story Media Group

Dav Pilkey to donate 50,000 books to support Little Free Libraries in underserved communities, the first to be unveiled on March 19 NEW YORK , March 12, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, and the Little Free Library (LFL) nonprofit organization whose mission is to expand book access, are excited to announce their "Power Up with Reading" initiative to grant Dog Man–themed Little Free Library book-sharing boxes to sites catering to children and families across all 50 United States. Dog Man author and illustrator Dav Pilkey, in coordination with Scholastic and Little Free Library, will donate 50,000 books to support these libraries and help ignite a passion for reading.

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