Scholastic Corp Stock Price, News & Analysis

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.

Scholastic Corporation (NASDAQ: SCHL) announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share on Class A and Common Stock for the third quarter of fiscal 2026.

The dividend is payable on March 16, 2026 to shareholders of record at the close of business on January 30, 2026.

Scholastic (NASDAQ:SCHL) announced its second quarter fiscal 2026 earnings timetable and conference call details.

The earnings release will be posted on the company's investor relations website on Thursday, December 18, 2025 at 4:00 PM ET. The conference call will follow on December 18, 2025 at 4:30 PM ET, hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President. A live webcast is available at https://edge.media-server.com/mmc/p/99tazdas, and phone dial-in details require registration at the provided registration link. Archived webcast and slides will be posted on the investor relations site after the call.

Empire State Realty Trust (NYSE: ESRT) agreed to acquire the Scholastic Building (555-557 Broadway) in SoHo for $386 million in an all-cash transaction expected to close in December 2025.

The property totals approximately 396,000 square feet (368,000 sq ft office; 28,000 sq ft retail), is 70% leased, and includes a 15-year office lease with Scholastic (NASDAQ: SCHL) for 222,000 square feet. Retail is fully leased with a weighted average lease term of ~8 years. The asset contains a unique three-floor block of over 110,000 square feet that ESRT plans to market.

Newmark (NASDAQ: NMRK) represented the seller. Additional transaction details are posted in the company’s investor presentation.

Scholastic (NASDAQ: SCHL) signed binding sale-leaseback agreements for its New York City headquarters (555-557 Broadway) and its Jefferson City, MO distribution center that are expected to generate $401 million in estimated gross proceeds. The Broadway sale to a subsidiary of Empire State Realty Trust for $386 million is expected to yield $327 million net; the Jefferson City sale to affiliates of Fortress for $95 million is expected to yield $74 million net.

Scholastic will enter long-term leases at both sites (15-year Broadway lease; 20-year triple-net Jefferson City lease) and plans to deploy proceeds toward debt reduction and share repurchases. Closings are expected before year-end 2025, subject to customary conditions.

Scholastic (NASDAQ:SCHL) will host a free Dog Man event on Dec 9, 2025 at The Morris Performing Arts Center in South Bend, IN, featuring a live performance of Dog Man: The Musical, a meet-and-greet with Dav Pilkey, and a signed copy of Dog Man: Big Jim Believes.

Fans can attempt a GUINNESS WORLD RECORDS title for the largest gathering dressed as a comic/graphic novel character (current record: 1,784). Tickets/registration open via a company link on Oct 30 at 10:00 AM ET. The campaign coincides with the book's Nov 11 publication and Global Dog Man Day events at thousands of bookstores, schools, and libraries, reaching nearly 7,000 schools and libraries. The release notes Dog Man has > 70 million books in print and references the franchise's film and sold-out tour milestones.