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 (NASDAQ: SCHL) is widely known as a global children's publishing, education and media company, and its news flow reflects that focus on literacy, content and capital allocation. Company press releases and filings regularly describe Scholastic as the world's largest publisher and distributor of children's books, a provider of literacy curriculum and classroom magazines, and a producer of children's media with reach into more than 135 countries.
News related to SCHL often centers on financial results, strategic initiatives and developments across its segments. Earnings announcements provide updates on the performance of Children's Book Publishing and Distribution, Education Solutions, Entertainment and International, with commentary on trends in book fairs, book clubs, trade publishing and education funding. These releases also highlight the impact of major franchises such as Dog Man, The Hunger Games and Harry Potter on global publishing and international sales.
Investors following Scholastic news can also expect updates on capital allocation and balance sheet actions. Recent items have included details on sale-leaseback transactions for the company’s New York City headquarters and Jefferson City, Missouri distribution center, the resulting net proceeds, and how those proceeds relate to priorities such as debt reduction and share repurchases. Dividend declarations and changes to share repurchase authorizations are another recurring theme.
Governance and leadership developments appear in SCHL news as well, including board changes, director appointments, and management roles tied to growth strategy and education operations. For example, the company has announced new leadership for its education division and described efforts to refine product portfolios and go-to-market execution in a challenging funding environment.
This news page aggregates these types of updates so readers can follow Scholastic’s financial performance, strategic decisions, educational initiatives and IP-driven media activities over time.
Scholastic (NASDAQ: SCHL) commenced a modified "Dutch Auction" tender offer on March 23, 2026 to buy up to $200 million of common stock at a price between $36.00 and $40.00 per share, representing roughly 25% of outstanding shares at the $36 floor.
The offer expires April 20, 2026 at 5:00 p.m. New York time and is not contingent on a minimum tender or financing; directors and executive officers have said they will not tender shares.
Scholastic (NASDAQ: SCHL) announced a Board‑authorized repurchase program to buy up to $200 million of common stock via a modified Dutch auction.
The Offer targets a purchase price between $36.00 and $40.00 per share, is expected to commence on March 23, 2026 and expire at 5:00 p.m. ET on April 20, 2026, and may be funded from cash on hand and borrowings under the company’s revolving credit facility.
Scholastic (NASDAQ: SCHL) reported fiscal Q3 results: revenues $329.1M (down 2%), operating loss $26.9M, and adjusted EBITDA $0M. The company generated over $400M net from sale-leasebacks, produced $407M free cash flow, and returned ~$147M to shareholders.
The Board authorized a $300M repurchase program including a $200M modified Dutch auction at $36–$40 per share, established a 2.0–2.5x net leverage target, and reaffirmed full-year adjusted EBITDA of $146M–$156M and free cash flow > $430M.
Scholastic (NASDAQ: SCHL) declared a quarterly cash dividend of $0.20 per share on its Class A and Common Stock for Q4 fiscal 2026. The dividend is payable on June 15, 2026 to shareholders of record as of the close of business on April 30, 2026.
Scholastic (NASDAQ:SCHL) will release third quarter fiscal 2026 results on Thursday, March 19, 2026 at 4:00 PM ET, with an accompanying conference call at 4:30 PM ET the same day. The release will be posted and the call webcast on the company's investor relations site.
Peter Warwick, President and CEO, and Haji Glover, CFO and EVP, will host the call; an archived webcast, slides and audio replay will be available after the live call.
Scholastic (NASDAQ: SCHL) will mark the 40th anniversary of Ann M. Martin's The Baby-sitters Club with new publishing in 2026. On July 7, 2026 Scholastic will publish The Baby-sitters Club Fan Edition: Baby-sitter Summer, a multi-author spin-off including Ann M. Martin and six guest authors. On September 15, 2026 bestselling authors Raina Telgemeier and Gale Galligan will release The Baby-sitters Club Super Special: Baby-sitters on Board!, a graphic novel adaptation of the 1988 super special. Scholastic will also publish The Baby-sitters Club: Friendship Crafts in spring 2026, featuring a letter from Ann M. Martin and craft materials inspired by the series.
Scholastic (NASDAQ:SCHL) appointed Jeffrey Mathews as President, Scholastic Education, effective January 5, 2026, while he continues as Executive Vice President and Chief Growth Officer. Mr. Mathews has led the division as interim head since June 2025, focusing on high-impact offerings, go-to-market execution, and operational simplification to improve efficiency and profitability.
The company said Scholastic Education is positioned to drive long-term value through literacy leadership, trusted content, and partnerships, while acknowledging ongoing funding volatility and longer decision cycles in the supplemental instructional market.
Scholastic (Nasdaq: SCHL) completed a $386 million sale-leaseback of its New York City headquarters at 555–557 Broadway to a subsidiary of Empire State Realty Trust (NYSE: ESRT) on December 19, 2025. Scholastic sold the property and signed a 15-year lease with extension options, reducing its overall footprint while retaining long-term access to the space. Empire State Realty Trust will assume responsibility for ongoing property maintenance and capital improvements. The transaction is expected to generate significant net proceeds for Scholastic. Newmark (Nasdaq: NMRK) served as exclusive real estate advisor to Scholastic, led by Adam Spies, Joshua King and Avery Silverstein, with support from Adam Doneger and Marcella Fasulo.
Scholastic (NASDAQ: SCHL) reported fiscal Q2 results for the period ended Nov 30, 2025, with revenues of $551.1M (+1%), operating income $82.9M (+11%), diluted EPS $2.17 (+27%) and Adjusted EBITDA $122.5M (+13%).
The Company closed sale-leaseback transactions unlocking ~$401M net proceeds and raised its share repurchase authorization to $150M. Fiscal 2026 full-year Adjusted EBITDA outlook is affirmed at $146M–$156M after a partial-year $14M transaction impact; free cash flow is forecast to exceed $430M, reflecting the real-estate proceeds.
Scholastic (NASDAQ: SCHL) closed sale-leaseback transactions for its New York City headquarters (555-557 Broadway) and Jefferson City, Missouri distribution center on Dec. 18, 2025.
The transactions generated $481 million in gross proceeds and an estimated $401 million in net proceeds after taxes, fees and transaction expenses; proceeds will be used under the company’s capital allocation priorities, including share repurchases. Buyers included a subsidiary of Empire State Realty Trust and funds managed by affiliates of Fortress Investment Group. Scholastic will discuss additional details on its earnings call at 4:30 p.m. ET on Dec. 18, 2025.