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Scholastic Corp - SCHL STOCK NEWS

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 the world's largest publisher and distributor of children's books, and a leading provider of both print and digital instructional materials from pre-kindergarten to grade 12. For over a century, Scholastic has been committed to fostering literacy and intellectual growth among children globally. The company is well-known for its diverse range of products that include best-selling books, e-books, and technology-based learning materials, as well as its classroom magazines and educational media.

Some of Scholastic's flagship titles include globally beloved series such as Harry Potter, The Hunger Games, Clifford the Big Red Dog, Goosebumps, and The Magic School Bus. These offerings are part of its three main business segments: Children's Book Publishing and Distribution, Education Solutions, and International.

Scholastic's recent initiatives highlight its continuous innovation in the educational field. The company has launched the 2023-2024 Teacher Fellows program, which collaborates with educators to develop effective classroom resources. Furthermore, the company's investment in 9 Story Media Group aims to expand its reach in children's media, enhancing its ability to bring quality educational content to various platforms.

In a recent partnership with Little Free Library, Scholastic has also demonstrated its commitment to increasing book accessibility by donating 50,000 copies of Dog Man to underserved communities. Another notable project is the

News

'Dog Man' Little Free Libraries Coming to All 50 States through Scholastic and Little Free Library's 'Power Up with Reading' Initiative

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Scholastic and Little Free Library partner with Dav Pilkey to donate 50,000 books for underserved communities, unveiling Dog Man-themed libraries across the U.S. to promote reading and literacy.
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Scholastic to Invest in 9 Story Media Group, Significantly Expanding Opportunities for Production and Global Licensing of Scholastic IP

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Scholastic acquires 9 Story Media Group for approximately $186 million, expanding its children's content production and distribution capabilities. The investment aims to leverage Scholastic's brand and global franchises across various platforms.
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Scholastic Corporation Announces Date for Third Quarter Fiscal 2024 Earnings Release and Conference Call

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Scholastic Corporation (NASDAQ:SCHL) announced the schedule for its Q3 fiscal year 2024 earnings release and conference call. Earnings will be released on March 21, 2024, at 4:00 PM ET, followed by a conference call hosted by the CEO and CFO at 4:30 PM ET. Participants can access the live webcast and register for the call by phone. The archived webcast will be available on the investor relations website post the live call.
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"CHRISTMAS AT HOGWARTS" ILLUSTRATED BOOK WITH FESTIVE ARTWORK FOR CHILDREN AND FAMILIES TO BE PUBLISHED BY SCHOLASTIC IN THE U.S. AND IN 31 COUNTRIES WORLDWIDE ON OCTOBER 15, 2024

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Scholastic, the global children's publishing, education, and media company, is set to release 'Christmas at Hogwarts', a heartwarming book celebrating Harry Potter's first Christmas. The book will feature text from J.K. Rowling's original novel and new illustrations by Ziyi Gao. Scheduled for release on October 15, 2024, in 31 countries, this publication aims to spark a new holiday reading tradition.
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Join a Community of Readers Worldwide this Season and Make Interactive Read-Alouds with Authors a Weekly Routine with Scholastic's Storyvoice

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Scholastic announces 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®. 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.
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Scholastic and the Council of the Great City Schools Names Detroit Public Schools Community District as the Richard M. Robinson Literacy Champion

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Detroit Public Schools Community District (DPSCD) has been awarded the Richard M. Robinson Literacy Champion Award by Scholastic and the Council of the Great City Schools (CGCS) for their significant progress in advancing student literacy. The district has seen the highest literacy proficiency in over a decade, with notable improvements in English Language Arts in grades 3-8 on the Michigan Student Test of Educational Progress (M-STEP). As part of the award, Mason Academy will receive a library makeover, including a donation of over 6,000 high-quality books, a one-year site license to Scholastic Literacy Pro®, and summer book packs for every enrolled student.
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Scholastic Selects 12 Educators to Join the Second Annual Teacher Fellows Cohort

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Scholastic Inc. (SCHL) announces the selection of 12 educators for its second annual Teacher Fellows Cohort. The educators will collaborate with Scholastic Education Solutions' product development, research, and publishing teams to offer expertise and experiences in today's classrooms. The 2023-2024 Teacher Fellows will serve through July 2024 and will complete a capstone project to be showcased at a Summit at Scholastic's NYC Headquarters in the summer of 2024.
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Scholastic Appoints Haji Glover as Chief Financial Officer

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Scholastic (SCHL) appoints Haji Glover as Executive Vice President & Chief Financial Officer, aiming to drive growth and financial performance. Glover brings over 27 years of financial planning and corporate finance experience, serving in leadership roles at Amazon, Lockheed Martin, Ford, Honeywell, and Alvogen Group.
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Scholastic Reports Fiscal 2024 Second Quarter Results

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Scholastic Corporation (NASDAQ: SCHL) reported diluted earnings per share of $2.45, up 16% from the prior year. Over $58 million was returned to shareholders in the second quarter, and the board approved an additional $66 million for share repurchases, increasing the total authorization to $100 million.
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Scholastic Corporation Announces Third Quarter Dividend

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Scholastic Corporation (NASDAQ: SCHL) declares a quarterly cash dividend of $0.20 per share for the third quarter of fiscal 2024. The dividend will be payable on March 15, 2024, to shareholders of record as of January 31, 2024.
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FAQ

What is the current stock price of Scholastic (SCHL)?

The current stock price of Scholastic (SCHL) is $24.64 as of November 1, 2024.

What is the market cap of Scholastic (SCHL)?

The market cap of Scholastic (SCHL) is approximately 697.8M.

What does Scholastic Corporation specialize in?

Scholastic Corporation specializes in publishing and distributing children's books and educational materials, both in print and digital formats.

What are some popular titles published by Scholastic?

Some popular titles include Harry Potter, The Hunger Games, Clifford the Big Red Dog, Goosebumps, and The Magic School Bus.

What are the main business segments of Scholastic?

The main business segments are Children's Book Publishing and Distribution, Education Solutions, and International.

How does Scholastic support teachers?

Scholastic supports teachers through programs like the Teacher Fellows program and offers classroom resources and instructional materials tailored to current educational needs.

What recent partnerships has Scholastic entered?

Recent partnerships include an investment in 9 Story Media Group and a collaboration with Little Free Library to donate books to underserved communities.

How does Scholastic contribute to literacy development?

Scholastic contributes to literacy development by providing a wide range of books, e-books, and educational materials that support learning both at school and at home.

Where can I learn more about Scholastic's latest news?

You can visit Scholastic's official website or their media room at http://mediaroom.scholastic.com for the latest news and updates.

What new initiatives has Scholastic recently launched?

Recent initiatives include the Teacher Fellows program and the release of new educational resources like the Our Stories Decodables collection.

What educational levels do Scholastic's materials cover?

Scholastic provides educational materials for pre-kindergarten through grade 12.

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Scholastic Corp

Nasdaq:SCHL

SCHL Rankings

#2809 Ranked by Market Cap
#1007 Ranked by Dividends

SCHL Stock Data

697.81M
27.31M
21.83%
83.73%
2.13%
Publishing
Books: Publishing Or Publishing & Printing
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United States of America
NEW YORK