Welcome to our dedicated page for Scholastic news (Ticker: SCHL), a resource for investors and traders seeking the latest updates and insights on Scholastic stock.
Scholastic Corporation (SCHL) delivers trusted educational content and children's media through its global publishing networks. This page provides investors and stakeholders with a centralized resource for official press releases, financial updates, and strategic developments from the leader in children's literacy solutions.
Discover timely updates across Scholastic's core operations: book publishing innovations, education technology initiatives, and multimedia expansions of beloved literary franchises. Our curated news collection enables informed analysis of SCHL's market position in educational publishing and family entertainment.
Key content categories include earnings announcements, leadership updates, product launches, and partnerships advancing childhood literacy. All materials are sourced directly from Scholastic's corporate communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to SCHL's latest developments. Monitor how the company's 100-year legacy in educational publishing evolves through digital innovation and global community engagement.
Scholastic (NASDAQ: SCHL) reported its fiscal Q3 2025 results with modest revenue growth of 4% to $335.4 million. The company returned over $35 million to shareholders through share repurchases and dividends in Q3, while expanding its share repurchase authorization to $100 million.
Key highlights include:
- Operating loss improved 32% to $23.9 million
- Adjusted EBITDA increased 183% to $6.0 million
- Book Fairs revenues up 8% to $110.7 million
- Book Clubs revenues increased 14% to $15.2 million
- Education Solutions revenues declined 16% to $57.2 million
Due to intensifying spending pressure, Scholastic narrowed its fiscal 2025 Adjusted EBITDA outlook to approximately $140 million (from previous $140-150 million range) and now forecasts modest full-year revenue growth, down from prior guidance of 4-6% growth.
Scholastic (NASDAQ: SCHL) has declared its fourth quarter fiscal 2025 dividend payment. The company's Board of Directors approved a quarterly cash dividend of $0.20 per share on both Class A and Common Stock. The dividend will be distributed on June 16, 2025, to shareholders who are recorded in the company's books as of the close of business on April 30, 2025.
Scholastic (NASDAQ: SCHL) has scheduled its third quarter fiscal year 2025 earnings announcement for Thursday, March 20, 2025. The earnings release will be published at 4:00 PM ET and will be available on the company's investor relations website.
A conference call will follow at 4:30 PM ET, led by President and CEO Peter Warwick and CFO and Executive Vice President Haji Glover. Investors can access the live webcast through the provided media server link, while phone participants are encouraged to register and dial in five minutes before the scheduled start time.
The archived webcast and presentation slides will be made available on Scholastic's investor relations website after the live call concludes.
Scholastic (NASDAQ: SCHL) reported Q2 FY2025 results with revenues decreasing 3% to $544.6 million and operating income declining 26% to $74.7 million. The company reaffirmed its fiscal 2025 guidance and announced an upsized revolving credit facility of $400 million.
Key financial metrics include:
- Diluted EPS of $1.71, down from $2.45 year-over-year
- Adjusted EBITDA decreased 12% to $108.7 million
- Book Fairs revenue down 5% to $231.0 million
- Book Clubs revenue up 2% to $33.2 million
- Trade revenue down 13% to $102.8 million
The company continues to expand through strategic initiatives, including the integration of 9 Story Media Group and upcoming releases like Dog Man: Big Jim Begins and the fifth Hunger Games book, Sunrise on the Reaping, scheduled for March 2025.
Scholastic (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.20 per share on both its Class A and Common Stock for the third quarter of fiscal 2025. The dividend will be paid on March 14, 2025, to shareholders recorded as of the close of business on January 31, 2025.
Scholastic (SCHL) has released its third annual Philanthropic Impact Report, highlighting its initiatives to enhance global literacy and book access. Through partnerships with organizations like Scripps Howard Foundation, Book Trust, and Save the Children, the company reached over 30 million children and 350,000 teachers through book distributions within nonprofit networks.
The report emphasizes the company's collaborative efforts in developing educational programs to support children's learning success. Research from the Scholastic Kids & Family Reading Reportâ„¢ reveals that 54% of children obtain their recreational reading materials through school-related channels, including school libraries, book fairs, and teacher order forms.
Scholastic (NASDAQ:SCHL) has scheduled its second quarter fiscal year 2025 earnings announcement for Thursday, December 19, 2024. The earnings release will be published at 4:00 PM ET and will be available on the company's investor relations website. A conference call will follow at 4:30 PM ET, hosted by President and CEO Peter Warwick and CFO Haji Glover. The call will include a live webcast accessible through a provided link, and participants can register for phone access through a separate link. An archived webcast and slides will be available on the investor relations website after the call.
Scholastic announces major global initiatives for Dav Pilkey's Dog Man series, including the release of 'Dog Man: Big Jim Begins' with a 5 million copy first printing. The series has achieved over 60 million books in print across 47 languages. DreamWorks Animation will release the Dog Man movie on January 31, featuring Pete Davidson and Ricky Gervais. Pilkey will embark on an international tour starting at the Library of Congress, including stops in major U.S. cities, London, and Dublin. Future plans include a new book in Fall 2025, costume character appearances, and literacy programs providing free books to 50,000 students.
Scholastic (NASDAQ: SCHL) reported fiscal 2025 first quarter results, affirming its fiscal 2025 guidance. Revenues increased 4% to $237.2 million, while the operating loss decreased 11% to $88.5 million. The improved seasonal loss primarily reflected increased results in Children's Book Publishing and Distribution. Adjusted EBITDA improved 14% to a loss of $60.5 million.
Key highlights include:
- Children's Book Publishing and Distribution segment revenues increased 3% to $105.4 million
- Education Solutions revenues decreased 16% to $55.7 million
- The newly formed Entertainment segment reported revenues of $16.6 million
- International revenues remained in line with the prior year period, excluding currency exchange effects
The company remains focused on expanding its core businesses and developing new literacy programs. Scholastic expects to achieve its target of 90,000 book fairs in fiscal 2025 and anticipates benefits from upcoming releases in major franchises.
Scholastic (NASDAQ: SCHL) has appointed Jeffrey Mathews as its new Chief Growth Officer and Executive Vice President, effective immediately. Mathews, who rejoined Scholastic two years ago, will be responsible for refining and implementing the company's long-term growth strategy. He will continue to report to CEO Peter Warwick and lead corporate development, investor relations, and Scholastic's sustainability program.
Mathews brings over 30 years of experience in strategy, M&A, and investor relations to the role. He previously served as Executive Vice President of Corporate Development and Investor Relations at Scholastic, and has held various positions within the company since 2008. Warwick praised Mathews' contributions in reorienting the company toward growth and implementing strategies to unlock Scholastic's potential.