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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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's (SCHL) CEO Peter Warwick on Q1 2022 Results - Earnings Call Transcript

NEW YORK, Sept. 23, 2021 /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, 2021.

Scholastic Reports Fiscal 2022 First Quarter Results

NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its first quarter fiscal year 2022 earnings release: Earnings Release: Thursday, September 23, 2021 at approximately 4:00 PM (Eastern) by public distribution and on the Company's websites at investor.scholastic.com and mediaroom.scholastic.com.

Scholastic Corporation Announces Date For First Quarter Fiscal 2022 Earnings Release And Teleconference

Scholastic Corporation (SCHL) CEO Peter Warwick on Q4 2021 Results - Earnings Call Transcript

NEW YORK, July 22, 2021 /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, 2021. Fiscal 2021 Review In $ millions Fiscal 2021 Fiscal 2020 Δ FY21 vs.

Scholastic Reports Q4 And Fiscal 2021 Results

NEW YORK, July 19, 2021 /PRNewswire/ -- The Board of Directors of Scholastic Corporation (NASDAQ: SCHL) announced today that Peter Warwick has been named President and Chief Executive Officer of the global children's publishing, education and media company, effective August 1, 2021.  Mr. Warwick, 69, who has served as an independent director on the Company's Board since 2014, assumes the lead operating roles and responsibilities of the late M.

Peter Warwick Named Chief Executive Officer Of Scholastic Corporation

NEW YORK, July 15, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its fourth quarter and fiscal year 2021 earnings release: Earnings Release: Thursday, July 22, 2021 at approximately 4:00 PM (Eastern) by public distribution and on the Company's websites at investor.scholastic.com and mediaroom.scholastic.com. Conference Call: Thursday, July 22, 2021 at 4:30 PM (Eastern) hosted by James Barge, the Board's Lead Independent Director; Iole Lucchese, Chief Strategy Officer and President, Scholastic Entertainment; and Kenneth Cleary, CFO.

Scholastic Corporation Announces Date For Fourth Quarter And Fiscal 2021 Earnings Release And Teleconference

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NEW YORK, June 16, 2021 /PRNewswire/ -- Scholastic has announced the launch of Rising Voices: Books Empowering Girls in STEAM (Science, Technology, Engineering, the Arts, and Math) . This new classroom library collection provides K–5 students and educators with culturally relevant and representative books paired with teaching materials, designed to enrich identity development, build literacy skills, and support CASEL-aligned social-emotional learning.

Scholastic Teams Up with 5 Female Leaders to Debut New "Rising Voices" K-5 Classroom Library Collection to Empower Girls in STEAM

CHATTANOOGA, Tenn. & SAVANNAH, Tenn.--(BUSINESS WIRE)--To combat summer learning loss in Tennessee and support student learning in the home, Governor's Early Literacy Foundation (GELF) today announced the second year of its K-3 Book Delivery program to deliver 500,000 books to teachers and students statewide, including every rising first grader in Tennessee. In collaboration with Scholastic, the global children's publishing, education, and media company, 110,000 rising first through third grade

Governor's Early Literacy Foundation Announces 2nd Annual Summer K-3 Book Delivery Program, Delivering 500,000 Books Directly to Tennessee Students & Teachers at Home

NEW YORK, June 6, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that M. Richard Robinson, Jr. the Company's Chairman and CEO passed away yesterday unexpectedly.

Scholastic Announces The Untimely Death Of Its Chairman And CEO M. Richard (Dick) Robinson, Jr.

NEW YORK, May 20, 2021 /PRNewswire/ -- Scholastic has announced the launch of PreK On My Way , a comprehensive PreK program, with print and digital resources available in both English and Spanish. At the heart of the program is the Mind Builder™ skill-building methodology, developed with the Yale Child Study Center to support social-emotional learning, executive function skills, motivation, and creativity.

Scholastic Launches Early Childhood Program to Start Every Child's Learning Journey with Both Academic and Social-Emotional Support

NEW YORK, May 4, 2021 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education, and media company, today announced the appointment of two leaders for the Company's technology and operational teams. Raghushri Sankaran serves as Senior Vice President and Chief Information Officer, leading Scholastic Technology Solutions, and Kevin Conklin as Senior Vice President of Corporate Operations.

Scholastic Announces Raghushri Sankaran as Senior Vice President and Chief Information Officer and Kevin Conklin as Senior Vice President of Corporate Operations

NEW YORK, April 26, 2021 /PRNewswire/ -- In the Scholastic Teacher & Principal School Report, educators overwhelmingly agree (99%), reading books for fun supports students' academic success. Today through Friday, September 3, kids can participate in the Scholastic Summer Reading program, a free, annual initiative to keep kids motivated to read all summer long while expanding critical access to books.

Free Scholastic Summer Reading Program Motivates Kids to Read with E-Books, Virtual Author Events, and Community

NEW YORK, April 9, 2021 /PRNewswire/ -- Many districts, from New York City to San Francisco, are announcing an expanded focus on summer learning including social-emotional support, online experiences, and holistic learning opportunities for all students. Research has long proven that in a typical year, summer reading strengthens skills and today's school leaders are hoping to use this time as a springboard to further support students after a challenging and historic year.

Scholastic Expands And Adapts Resources To Support Students And Accelerate Learning Through Summer Reading

Scholastic Corporation's (SCHL) CEO Dick Robinson on Q3 2021 Results - Earnings Call Transcript

Shares of Scholastic (NASDAQ:SCHL) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 58.82% year over year to ($0.14), which beat the estimate of ($0.75).

Scholastic: Q3 Earnings Insights

NEW YORK, March 18, 2021 /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 28, 2021.  The third quarter is a seasonally lower revenue quarter for the Company in which it typically records a loss.

Scholastic Reports Fiscal 2021 Third Quarter Results

NEW YORK, March 11, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its third quarter fiscal year 2021 earnings release: Earnings Release: Thursday, March 18, 2021 at approximately 4:00 PM (Eastern) by public distribution and on the Company's websites at investor.scholastic.com and mediaroom.scholastic.com. Conference Call: Thursday, March 18, 2021 at 4:30 PM (Eastern) hosted by Richard Robinson, Chairman, President and CEO; and Kenneth Cleary, CFO.

Scholastic Corporation Announces Date For Third Quarter Fiscal 2021 Earnings Release And Teleconference

Scholastic Corp.'s management team has done a great job preserving its balance sheet, streamlining its cost structure ($100 million of savings), and controlling what it can. Despite a breathtaking 79% decline in Q2 FY 2021 Book Fairs revenue, its largest segment, other segments and cost cuts led to only a 40% decline in Adj. EBITDA.

Scholastic Corp.: An Overlooked Re-Opening Play

Scholastic (SCHL) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

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NEW YORK, Jan. 11, 2021 /PRNewswire/ -- According to the Scholastic Teacher & Principal School Report: 2nd Edition, educators have shared that their top COVID-19-related concern is their students' social-emotional wellbeing, and nearly all agree that literacy is critical to students'...

Scholastic and LitWorld Team Up with Bestselling Author, Football Champion, and Literacy Advocate Malcolm Mitchell to Celebrate World Read Aloud Day on February 3, 2021

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With schools and book fairs closed, Scholastic struggles to make a profit.

Why Scholastic Corporation Stock Just Crashed 13%

Scholastic Corporation (SCHL) CEO Richard Robinson on Q2 2021 Results - Earnings Call Transcript

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