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.
Overview
Scholastic Corporation (SCHL) stands as a pillar in the global landscape of children's publishing and educational content. With a rich history spanning nearly a century, Scholastic has consistently set the benchmark in delivering high-quality books, digital learning programs, and engaging media designed to inspire learning and literacy among children. As the world's largest publisher and distributor of children's books, Scholastic serves educators, parents, and young readers through its extensive portfolio of print and digital products, classroom magazines, and comprehensive educational solutions.
Business Model and Operations
Scholastic operates through a diversified business model that effectively integrates multiple channels for content creation and distribution. Its main operating segments include:
- Children's Book Publishing and Distribution: Scholastic provides a wide range of reading materials including picture books, novels, e-books, and other literacy resources. Through innovative channels such as school-based book clubs and book fairs, the company makes quality literature accessible to children worldwide.
- Education Solutions: Focused on fostering academic development, this segment includes the design and distribution of instructional materials and curricula for pre-K to Grade 12. Scholastic's educational products are tailored to support classroom learning and home education, offering teachers and schools a comprehensive suite of literacy tools.
- Entertainment and Digital Media: In a strategic move to expand its content reach, Scholastic has embraced the world of multimedia through its entertainment division. By integrating award-winning animated, live-action, and digital programming, the company capitalizes on its celebrated book franchises to develop cross-platform stories that engage young audiences on screens and in print.
These segments leverage a 360° content creation strategy, ensuring that storytelling is seamlessly transformed across pages, screens, and interactive platforms. This comprehensive approach not only reinforces brand trust and market significance but also provides a consistent, enriching experience for both investors and consumers.
Market Position and Competitive Landscape
Scholastic has established itself as a trusted partner to educators, families, and children around the globe. Its market position is underpinned by:
- Trusted Content and Brand Legacy: More than 90 years of experience have allowed the company to foster deep relationships with schools and communities, maintaining an unwavering commitment to quality and accessibility in education.
- Innovative Distribution Channels: Leveraging established networks such as classroom libraries, retail outlets, and online platforms, Scholastic adapts to evolving consumer behaviors, ensuring its products are available where readers are most active.
- Diversified Revenue Streams: The balanced mix of book publishing, educational materials, and digital media not only mitigates risks associated with market cyclicality but also positions the company for enduring relevance in a dynamic industry environment.
Despite intense competition from other media and educational content providers, Scholastic differentiates itself through a unique blend of brand heritage, innovative content creation, and an effective integration across varied distribution channels.
Depth and Contribution to Literacy and Education
At the heart of Scholastic's operations lies a profound commitment to literacy and education. The company develops not just books, but also a myriad of resources that contribute to educational advancements worldwide. Through its comprehensive curriculum-based solutions and engaging literary works, Scholastic actively supports the academic and personal growth of children. Educators and parents rely on its carefully curated materials to enrich classroom experiences and promote lifelong reading habits. By aligning its product development with educational principles and leveraging insights from extensive market research, Scholastic maintains consistency in quality and relevance across generations.
Diversification through Media and Entertainment
Recognizing the evolving landscape of media consumption, Scholastic has strategically expanded into entertainment and digital media. This move allows the company to transform beloved book franchises into animated series, live-action features, and interactive digital products. Such diversification not only amplifies brand awareness but also engages a wider audience across various platforms. By integrating creative storytelling with advanced production capabilities, Scholastic continues to deliver content that resonates with modern viewers while preserving the core values that have defined its legacy.
Commitment to Quality and Authoritativeness
Scholastic's dedication to excellence is evident across all aspects of its operations. The company has built a reputation for reliable, high-quality content that adheres to rigorous educational standards. This commitment is reflected in its careful curation of authors, illustrators, educators, and media professionals who contribute to its wide-ranging products. Through strategic investments in technology and creative talent, Scholastic sustains its position as an authoritative voice in children's literature and educational media. It continues to evolve its offerings while remaining faithful to its mission of opening a world of possibilities for every child.
Global Impact and Community Engagement
With international operations spanning over a hundred countries, Scholastic reaches millions of educators, students, and families worldwide. The company's global distribution network ensures that quality educational materials are accessible even in remote areas, thereby contributing to a more literate and informed society. Scholastic's community initiatives and partnerships further reinforce its role as a catalyst for social and educational development. By directly engaging with diverse communities, the company fosters a sustainable ecosystem of learning and cultural exchange that transcends geographical boundaries.
Conclusion
In summary, Scholastic Corporation embodies a unique fusion of tradition and innovation in the world of children's publishing and educational media. With a robust portfolio spanning books, digital content, and interactive learning tools, the company continues to influence the lives of children everywhere. Its integrated and diversified approach not only fuels creativity and literacy but also reinforces its position as an authoritative and trusted institution in education. Scholastic remains a quintessential example of how longstanding values coupled with strategic innovation can drive enduring success in a competitive global marketplace.
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 Report™ 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.
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