Scholastic Corporation reports developments tied to its global children’s publishing, education and media business. Company news commonly covers children’s books, school-based book clubs and book fairs, classroom magazines, literacy and knowledge-building resources, and entertainment or character-driven publishing such as Dog Man and Captain Underpants.
Scholastic updates also address quarterly operating results, activity in its Children’s Book Publishing and Distribution, Education Solutions, and International segments, and capital allocation actions. Recurring financial news includes dividends, common-stock repurchases, tender-offer activity, sale-leaseback transactions, credit-facility use, and balance-sheet management alongside initiatives that expand book access and reading engagement.
Scholastic (SCHL) signed a definitive agreement to acquire Cottage Door Press for approximately $71 million, subject to purchase price adjustments. Cottage Door generated approximately $45 million in net revenue and was strongly profitable in the twelve months ended May 31, 2026. Scholastic expects to fund the purchase with cash on hand and borrowings under its revolving credit facility.
The deal is expected to close by the end of 2026. Before closing, Cottage Door’s Luna StoryTime electronic-toy business must be separated; Scholastic will not acquire it. Closing also requires third-party consents, new license agreements with certain key licensors and approval by shareholders of one seller. Cottage Door would join Scholastic’s Children’s Book Group. Scholastic expects the acquisition to contribute to revenue growth and Adjusted EBITDA in fiscal 2027 and to be accretive in its second year after closing, including anticipated synergies.
Scholastic (SCHL) reported fiscal 2027 first-quarter revenue of $216.8 million for the period ended August 31, 2026. Revenue fell 4% from $225.6 million a year earlier, while the operating loss remained $92.2 million. Diluted loss per share widened to $3.77 from $2.83.
Education revenue fell 24% to $30.4 million; Entertainment revenue rose 48% to $20.1 million. Operating cash use increased to $94.6 million from $81.8 million, and free cash use rose to $110.8 million from $100.2 million. Net debt declined to $86.8 million from $242.8 million, primarily reflecting proceeds from sale-leaseback transactions completed in December 2025. Scholastic repurchased 630,850 shares for $25.8 million during the quarter.
The company affirmed fiscal 2027 guidance for approximately 2% to 4% revenue growth, adjusted EBITDA of approximately $135 million to $145 million and free cash flow of approximately $35 million to $40 million.
Scholastic (SCHL) is marking ten years of Dav Pilkey’s Dog Man series with new titles and global fan events. The company will publish Dog Man: A Sprinkle in Time on November 3, 2026, followed by the launch of Dog Man Dynamite, an interactive 48-page paperback featuring comics, games, puzzles, jokes and retro 3‑D glasses, on August 3, 2027, with a second Dynamite title planned for January 2028.
To celebrate the anniversary, Scholastic is organizing “Bark to School” events at bookstores, libraries and schools, and a 10-city Epic Tour across the U.S., Canada and the U.K., including stops in Vancouver, London and Cleveland. The Dog Man series has more than 70 million books in print worldwide and is translated into 50 languages, supported by successful adaptations such as a touring musical and a feature film.
Scholastic Corporation (SCHL) declared a quarterly cash dividend of $0.25 per share on its Class A and Common Stock for the second quarter of fiscal 2027.
The dividend will be paid on December 15, 2026, to shareholders who are on record as of the close of business on October 30, 2026.
Scholastic Corporation (SCHL) will release its first quarter fiscal 2027 earnings on Thursday, September 24, 2026, at 4:00 PM ET, followed by a conference call at 4:30 PM ET.
The call, hosted by President and CEO Peter Warwick and CFO and Executive Vice President Haji Glover, will be available via live webcast and phone registration, with an archived webcast and slides accessible afterward on the company’s investor relations website.
Scholastic (NASDAQ: SCHL) reported fiscal 2026 revenue of $1,581.9 million, down 3%, and operating income of $15.2 million, down 4% year over year. Adjusted operating income rose to $47.1 million from $35.8 million, while Adjusted EBITDA increased 4% to $151.5 million, and 15% to $132.4 million on a comparable, sale‑leaseback-adjusted basis.
Diluted EPS improved to $2.34 from a loss of $0.07, or $1.87 ex one-time items versus $0.48. Free cash flow reached $436.0 million, largely driven by over $400 million of sale‑leaseback proceeds, and net cash shifted to $48.9 million from net debt of $136.6 million. Scholastic returned $288.6 million to shareholders via repurchases and dividends, including 7.34 million shares repurchased. For fiscal 2027, the company targets 2%–4% revenue growth, Adjusted EBITDA of $135–$145 million, and free cash flow of $35–$40 million, expecting growth in Children’s Books, Entertainment, International and improved Education performance.
Scholastic Corporation (NASDAQ: SCHL) announced that its Board of Directors approved a 25% increase in the regular quarterly dividend on its Class A and Common Stock, raising it from $0.20 to $0.25 per share, starting with the first quarter of fiscal 2027.
The increased dividend will be payable on September 15, 2026, to shareholders of record on August 31, 2026, and the indicated annual dividend rate will now be $1.00 per share.
Scholastic (NASDAQ:SCHL) set the date for its fourth quarter and fiscal 2026 earnings release and conference call. The earnings release will be issued on Thursday, July 23, 2026, at 4:00 PM ET on the investor relations website.
The related conference call, hosted by President and CEO Peter Warwick and CFO Haji Glover, will follow at 4:30 PM ET, with access via live webcast and phone registration links. An archived webcast and audio replay with slides will be available on the investor relations site after the live call.
Scholastic (Nasdaq: SCHL) completed a modified Dutch auction tender offer that expired April 20, 2026. The company accepted 2,834,018 shares at $40.00 per share, for an aggregate purchase price of $113,360,720, representing ~13.7% of shares outstanding as of April 19, 2026.
Scholastic (Nasdaq: SCHL) announced preliminary results of a modified Dutch auction tender offer that expired April 20, 2026. The company expects to purchase 2,852,735 shares at $40.00 per share for a total cost of approximately $114,109,400, excluding fees.
The results are preliminary and subject to confirmation by the depositary, pending guaranteed-delivery deliveries and the two-trading-day settlement period. Scholastic expects to fund the purchase with cash, including drawings on its existing credit facility, and to have approximately 17,896,740 shares outstanding after payment, a reduction of about 13.7%.