Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and school book fair channels, as well as through its trade channel. Its original publications include the Harry Potter, Hunger Games, Bad Guys, Baby-Sitters Club graphic novels, Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise the Peppa Pig and Pokemon. In addition, this segment publishes and creates books plus products for children, including titles, such as the Make Your Own Pet Adoption Truck, Mini Bake Shop, LEGO Gear Bots, Never Touch series, and other titles under the Klutz and the Make Believe Ideas names; and non-fiction books under the Children's Press and Franklin Watts names . The Education segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; and print and on-line reference, and non-fiction products, as well as consulting services. The International segment offers original trade and educational publishing programs; distributes children's books, digital educational resources, and other materials through school-based book clubs, school-based book fairs, and trade channels; produces and distributes magazines; and offers online subscription services. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.
IPO Year: 1992
Exchange: NASDAQ
Website: scholastic.com
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. Peter Warwick, President and Chief Executive Officer, said, "During our first quarter, Scholastic prepared for another important back-to-school season, as we executed on our long-term growth initiatives. In the seasonally quiet quarter for our school-based channels, first quarter's operating loss improved mo
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. He rejoined Scholastic two years ago, as Executive Vice President, Corporate Development and Investor Relations. With this appointment, Mr. Mathews' responsibilities now include refining and implementing Scholastic's long-term growth strategy in partnership with leaders across the business.
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. Since 2000, more than 500 Kid Reporters, ages 10–14, from around the world, have participated in the program and developed skills related to media literacy, including how to vet sources, think and write critically, and understand the robust impact of multimedia storytelling.
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. The dividend is payable on December 16, 2024, to all shareholders of record as of the close of business on October 31, 2024. About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ:SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputa
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.Conference Call: Thursday, September 26, 2024, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President. A live webcast of the call can be accessed at https://edge.media-server.co
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. Ms. Jaffe will drive Scholastic's data initiatives and digital practice with the core approach of bringing customer insights to life as strategies and digital solutions that directly serve customers' needs. A new role for the Company and based in New York, the Chief Digital Officer will elevate the organization's digital expression, enhance customer experiences, and leverage data to inform and optimize all aspects of the business. Ms. Jaffe joined Scholastic
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. In addition to a wealth of new data, this free resource includes tips, expert guidance, continued reading, and recommended bo
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.
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. About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ:SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputati
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. A live webcast of the call can be accessed here. You may also register to listen
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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. Peter Warwick, President and Chief Executive Officer, said, "During our first quarter, Scholastic prepared for another important back-to-school season, as we executed on our long-term growth initiatives. In the seasonally quiet quarter for our school-based channels, first quarter's operating loss improved mo
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. The dividend is payable on December 16, 2024, to all shareholders of record as of the close of business on October 31, 2024. About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ:SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputa
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.Conference Call: Thursday, September 26, 2024, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President. A live webcast of the call can be accessed at https://edge.media-server.co
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.
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. About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ:SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputati
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. A live webcast of the call can be accessed here. You may also register to listen
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.
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
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. About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ:SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation a
NEW YORK, March 6, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its third quarter fiscal year 2024 earnings announcement: Earnings Release: Thursday, March 21, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com. Conference Call: Thursday, March 21, 2024, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President. A live webcast of the call can be accessed here. You may also register to listen t
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. He rejoined Scholastic two years ago, as Executive Vice President, Corporate Development and Investor Relations. With this appointment, Mr. Mathews' responsibilities now include refining and implementing Scholastic's long-term growth strategy in partnership with leaders across the business.
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. Since 2000, more than 500 Kid Reporters, ages 10–14, from around the world, have participated in the program and developed skills related to media literacy, including how to vet sources, think and write critically, and understand the robust impact of multimedia storytelling.
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. Henderson was appointed to the Board by the directors elected by holders of its Class A Stock, resulting in both current vacancies on the Board, including that created as a result of the recent expansion of the Board to eleven members, now being filled.
Founding CEO Vince Commisso & 9 Story Leadership Team to Join with Scholastic and Continue Leading State-of-the-Art, Premium Children's Content Production Facilities in Toronto, Dublin & Bali and Global Distribution and Licensing Teams NEW YORK and TORONTO, March 12, 2024 /CNW/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced it has signed a definitive agreement to invest in 9 Story Media Group. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content, for a
Founding CEO Vince Commisso & 9 Story Leadership Team to Join with Scholastic and Continue Leading State-of-the-Art, Premium Children's Content Production Facilities in Toronto, Dublin & Bali and Global Distribution and Licensing Teams NEW YORK and TORONTO, March 12, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced it has signed a definitive agreement to invest in 9 Story Media Group. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content
Storyvoice's Spring Programming Includes a Packed Lineup of Read-Aloud Events on February 7, 2024 in Celebration of World Read Aloud Day® NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Scholastic today announced the full spring schedule of programming from Storyvoice, the Company's digital home of live read alouds, including an all-star lineup of seven events with authors on February 7th in celebration of World Read Aloud Day®—the global holiday created by LitWorld® and sponsored by Scholastic. Every Storyvoice event is free to attend and will feature multiple interaction segments where kids at home or in classrooms can read, draw, and connect with their favorite books, creators, and each other.
K-8 Educators Share Classroom Expertise and Practices to Help Guide and Inform Scholastic's Education Product Development NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Today, Scholastic, the global children's publishing, education, and media company, announced its selection of 12 educators from across the country to join the Company's second annual Teacher Fellows Cohort. These accomplished K-8 teachers will collaborate with Scholastic Education Solutions' product development, research and publishing teams for the duration of the school year, offering a direct pathway to their wide range of expertise and experiences in today's classrooms.
NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Scholastic (NASDAQ:SCHL), the global children's publishing, education and media company, today announced that Haji Glover has been named Scholastic's Executive Vice President & Chief Financial Officer, effective January 22, 2024. Succeeding current CFO Ken Cleary, who will fully transition to his new role as President of International, Mr. Glover will lead Scholastic's global finance organization, overseeing all financial functions, including financial reporting, planning and analysis, controllership, tax and treasury. He will be focused on facilitating growth across Scholastic's leading businesses while supporting Scholastic's long-term strategy and ca
President of International Beth Polcari Named President of Education Solutions, Succeeding Rose Else-Mitchell Chief Financial Officer Ken Cleary to Transition to President of International, Upon Completion of Current Executive Search Process NEW YORK, Aug. 16, 2023 /PRNewswire/ -- Scholastic (NASDAQ:SCHL), the global children's publishing, education and media company, today announced key leadership transitions. Beth Polcari, previously President of International, has been named President of Education Solutions, effective immediately. Ms. Polcari succeeds Rose Else-Mitchell, who will leave to pursue other interests following a transition period. Separately, Ken Cleary will leave his current r
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. Richard (Dick) Robinson, Jr., who passed away in early June. In Mr. Warwick's new role as CEO, he will be responsible for Scholastic's business strategy and overseeing all business segments and corporate functions.
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Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google reversed its long-standing plan to eliminate cookies in its Chrome browser due to industry and regulatory pushback. Advertisers and publishers use cookies and small text snippets to identify users and target ads. This decision follows objections from digital advertising companies and regulators to Google’s proposed alternative technologies. Ad-tech players protested, accusing Google of attempting to strengthen its monopoly in the space and making it more difficult for advertisers to track their ads’ performance. Instead of eliminating cookies, Google will now prompt Chrome users to decide whether to enable or disable cookies.
Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) fell sharply during Friday's session following weak quarterly results. Selective Insurance reported quarterly losses of $1.10 per share which missed the analyst consensus estimate of $1.49 per share. The company reported quarterly sales of $1.196 billion which missed the analyst consensus estimate of $1.204 billion, according to data from Benzinga Pro. Selective Insurance Group shares dipped 14.8% to $85.40 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Augmedix, Inc. (NASDAQ:AUGX) shares jumped 148.8% to $2.28 after the company announced it will be acquired by Commure. 60 Degrees Pha
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Friday. Shares of Scholastic Corporation (NASDAQ:SCHL) fell sharply in today's pre-market trading following weaker-than-expected fourth-quarter results. Scholastic reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 per share. Quarterly sales came in at $474.9 million which missed the analyst consensus estimate of $552.496 million, according to data from Benzinga Pro. Scholastic shares dipped 11.9% to $32.21 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. CrowdStrike Hol
Scholastic Corporation (NASDAQ:SCHL) reported its fourth-quarter financial results Thursday. Here's a look at the key figures from the report. The Details: Scholastic reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 by 34.96% and represents a 23.45% decrease in earnings from the same period last year. Quarterly sales came in at $474.9 million which missed the analyst consensus estimate of $552.496 million by 14.04% and is a 10.11% decrease year-over-year. “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,” said P
Scholastic (NASDAQ:SCHL) reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 by 34.96 percent. This is a 23.45 percent decrease over earnings of $2.26 per share from the same period last year. The company reported quarterly sales of $474.900 million which missed the analyst consensus estimate of $552.496 million by 14.04 percent. This is a 10.11 percent decrease over sales of $528.300 million the same period last year.
The collaboration sets the stage for the debut release of 'Poppy Playtime Orientation Notebook', the first of many exciting books that explore the lore of the popular video game series
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