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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

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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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Scholastic Corporation Announces Date for Second Quarter Fiscal 2024 Earnings Release and Conference Call

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Scholastic Corporation (NASDAQ:SCHL) will release its second quarter fiscal year 2024 earnings on Thursday, December 14, 2023, at 4:00 PM ET. The conference call, hosted by Peter Warwick, President and CEO, and Kenneth Cleary, CFO and Acting President, International, will follow at 4:30 PM ET. Participants can access the live webcast and register to listen to the call by phone. The archived webcast and audio replay will be available on the Company's investor relations website shortly after the live call.
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Scholastic Invests in Summer Learning with Expansion of PreK-8 Literacy and Math Portfolio

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Scholastic Corporation (NASDAQ: SCHL) has acquired the rights to LitCamp and MathCamp, solidifying its position as a leading provider of programs to accelerate student learning and build confidence through unique, high-impact solutions designed for the summer weeks. The company aims to provide year-round learning that not only closes the gap but propels student achievement. The Scholastic summer learning portfolio includes Scholar Zone Summer, My Books Summer, Grab and Go Take-Home Book Packs, and Summer Express, with LitCamp and MathCamp complementing these offerings. The acquisition reflects the company's commitment to evidence-based teaching and learning that is engaging, inclusive, and impactful.
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The Scholastic 2023 Philanthropic Impact Report Celebrates Partnerships Committed to Literacy for All Children

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Scholastic (SCHL) releases its second annual Philanthropic Impact Report, showcasing its efforts to increase access to books and literacy for all children through donations and creative collaborations.
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Scholastic Announces 2023-2024 Kid Reporters

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28 student journalists join Scholastic Kids Press program for 2023-2024 academic year.
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Scholastic Reports Fiscal 2024 First Quarter Results

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Scholastic Corporation reports financial results for Q1 2024, with revenues decreasing 13% to $228.5 million and operating loss increasing 71% to $99.1 million. Book Fairs revenues decreased 4%, Book Clubs revenues decreased 59%, and Trade revenues decreased 19%. Education Solutions revenues decreased 10%. International revenues decreased 12%. Over $42 million returned to shareholders in the quarter. The company affirms fiscal 2024 guidance.
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FAQ

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

The current stock price of Scholastic (SCHL) is $19.81 as of December 20, 2024.

What is the market cap of Scholastic (SCHL)?

The market cap of Scholastic (SCHL) is approximately 619.9M.

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

#2917 Ranked by Market Cap
#769 Ranked by Dividends

SCHL Stock Data

619.87M
21.34M
21.83%
83.42%
2.69%
Publishing
Books: Publishing Or Publishing & Printing
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United States of America
NEW YORK