Scholastic Corporation

Scholastic Corporation Announces Fourth Quarter Dividend

Retrieved on: 
Wednesday, March 20, 2024
Common stock, Scholastic Corporation

NEW YORK, March 20, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the fourth quarter of fiscal 2024.

Key Points: 
  • NEW YORK, March 20, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the fourth quarter of fiscal 2024.
  • The dividend is payable on June 17, 2024, to all shareholders of record as of the close of business on April 30, 2024.

Scholastic to Invest in 9 Story Media Group, Significantly Expanding Opportunities for Production and Global Licensing of Scholastic IP

Retrieved on: 
Tuesday, March 12, 2024
Karma, Story, Culture, Amazon, Education, Continue, Acquisition, PBS Kids, Love, Scholastic Corporation, Media Group, Illustrator, Brown Bag Films, 2-D

NEW YORK and TORONTO, March 12, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced it has signed a definitive agreement to invest in 9 Story Media Group. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content, for approximately USD $186 million, subject to customary closing adjustments.

Key Points: 
  • The strategic investment in 9 Story's team and best-in-class production, sales and licensing capabilities significantly expands Scholastic's opportunities to leverage its trusted brand, best-selling publishing and beloved global children's franchises across print, screens and merchandising.
  • Scholastic Entertainment was rebooted under Lucchese's leadership in 2017, recognizing the untapped potential of Scholastic's engaging children's content.
  • 9 Story recorded revenue of approximately USD $104 million in its most recent fiscal year, ended August 31, 2023.
  • A supplemental presentation with further details on the transaction and its strategic rationale is available at:

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

Retrieved on: 
Wednesday, March 6, 2024
CFO, Webcast, Scholastic Corporation, Conference

NEW YORK, March 6, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its third quarter fiscal year 2024 earnings announcement:

Key Points: 
  • NEW YORK, March 6, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its third quarter fiscal year 2024 earnings announcement:
    Earnings Release: Thursday, March 21, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com .
  • Conference Call: Thursday, March 21, 2024, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President.
  • To avoid delays, we encourage participants to dial into the conference call five minutes ahead of the scheduled start time.
  • Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's investor relations website shortly after the completion of the live call.

Scholastic Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, December 14, 2023
Hong Kong Book Fair, EBITDA, Ballad, Distribution, International, Scholastic Corporation, Responsive Education Solutions, Tenant, Blumhouse Productions, Table, Publishing, Growth, Lionsgate, Video game, Club, Book, Soho

NEW YORK, Dec. 14, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal second quarter ended November 30, 2023.

Key Points: 
  • Operating income was $101.3 million in the quarter, an increase of $1.2 million from $100.1 million a year ago.
  • Adjusted EBITDA (a non-GAAP measure of operations explained in the accompanying tables) increased $1.7 million to $124.0 million.
  • In the fiscal second quarter, the Children's Book Publishing and Distribution segment's revenues decreased 6% to $392.8 million.
  • Improved results were primarily driven by Canada, which benefited from the reorganization of Book Clubs.

Scholastic Corporation Announces Third Quarter Dividend

Retrieved on: 
Wednesday, December 13, 2023
Common stock, Scholastic Corporation, Holding company

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the third quarter of fiscal 2024.

Key Points: 
  • NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the third quarter of fiscal 2024.
  • The dividend is payable on March 15, 2024, to all shareholders of record as of the close of business on January 31, 2024.

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

Retrieved on: 
Thursday, December 7, 2023
Webcast, Scholastic Corporation, Conference, CFO, International

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its second quarter fiscal year 2024 earnings announcement:

Key Points: 
  • NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its second quarter fiscal year 2024 earnings announcement:
    Earnings Release: Thursday, December 14, 2023, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com .
  • Conference Call: Thursday, December 14, 2023, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Kenneth Cleary, CFO and Acting President, International.
  • To avoid delays, we encourage participants to dial into the conference call five minutes ahead of the scheduled start time.
  • Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's investor relations website shortly after the completion of the live call.

Scholastic Invests in Summer Learning with Expansion of PreK-8 Literacy and Math Portfolio

Retrieved on: 
Thursday, December 7, 2023
Sam Bankman-Fried, Book, Learning, Scholastic Corporation, Student, School, Scholastic, Education, Tourism, Tutoring

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced its expanded investment in summer learning, advancing its commitment to providing students, educators and families with year-round learning that not only closes the gap but propels student achievement. Scholastic has acquired rights to LitCamp, a foundational reading skills program for summer and extended learning created by Scholastic professional author and advisor Pam Allyn, from LitLife, Inc. Scholastic also acquired rights to MathCamp, a new companion program to LitCamp, from Dewey Inc. The terms of the transaction were not disclosed.

Key Points: 
  • A blend of print and digital resources, the Scholastic summer learning portfolio includes Scholar Zone Summer, My Books Summer, Grab and Go Take-Home Book Packs and Summer Express.
  • "Understanding that no two schools are alike, the Scholastic summer learning portfolio provides the flexibility to create a well-balanced solution for summer learning to meet students' needs."
  • Scholastic summer solutions also help families build and expand home libraries that engage students and enrich learning.
  • Scholastic summer learning solutions combine high quality, high-interest books with vibrant, grade-level instruction to accelerate learning and spur student success in the classroom and into the future.

Scholastic Corporation Announces Second Quarter Dividend

Retrieved on: 
Wednesday, September 20, 2023
Common stock, Scholastic Corporation, Holding company

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2024.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2024.
  • The dividend is payable on December 15, 2023, to all shareholders of record as of the close of business on October 31, 2023.

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

Retrieved on: 
Thursday, September 14, 2023
CFO, Scholastic Corporation, Conference, Webcast

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) today announced the following schedule and conference call information for its first quarter fiscal year 2024 earnings announcement:

Key Points: 
  • NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) today announced the following schedule and conference call information for its first quarter fiscal year 2024 earnings announcement:
    Earnings Release: Thursday, September 21, 2023, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com .
  • Conference Call: Thursday, September 21, 2023, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Kenneth Cleary, CFO.
  • To avoid delays, we encourage participants to dial into the conference call five minutes ahead of the scheduled start time.
  • Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's investor relations website shortly after the completion of the live call.

Scholastic Corporation Announces First Quarter Dividend

Retrieved on: 
Wednesday, July 19, 2023
Common stock, Scholastic Corporation, Holding company

NEW YORK, July 19, 2023 /PRNewswire/ --Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2024.

Key Points: 
  • NEW YORK, July 19, 2023 /PRNewswire/ --Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2024.
  • The dividend is payable on September 15, 2023, to all shareholders of record as of the close of business on August 31, 2023.