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Scholastic Corp. - SCHL STOCK NEWS

Welcome to our dedicated news page for Scholastic (Ticker: SCHL), a resource for investors and traders seeking the latest updates and insights on Scholastic.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Scholastic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Scholastic's position in the market.

News
DOG MAN TOPS THE CHARTS: DAV PILKEY'S "DOG MAN: THE SCARLET SHEDDER" IS #1 BESTSELLING BOOK AROUND THE WORLD
Rhea-AI Summary
Dog Man's latest installment, The Scarlet Shedder, dominates global bestseller lists, achieving remarkable sales figures in the U.S., Canada, Australia, New Zealand, Ireland, and the U.K. The book sold over a quarter of a million copies in its first week in the U.S. alone, with significant sales growth in Australia, New Zealand, and Canada. The U.K. witnessed a 48% increase in first-week sales compared to the previous installment, marking it as the most successful hardback release in recent times. With over 60 million copies in print and translations into 47 languages, Dog Man continues to captivate readers worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
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News
Scholastic Reports Fiscal 2024 Third Quarter Results
Rhea-AI Summary
Scholastic (SCHL) reported a 7% increase in consolidated trade sales for the fiscal third quarter ended February 29, 2024. The company announced an agreement to invest in 9 Story Media Group, expanding opportunities in global children's IP. Over $60 million was returned to shareholders in the third quarter. Scholastic's success in children's book publishing and entertainment showcased its leadership in building beloved franchises and brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
earnings
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News
Scholastic Appoints Alix Guerrier and Kaya Henderson to its Board of Directors
Rhea-AI Summary
Scholastic appoints Alix Guerrier and Kaya Henderson as independent directors to its board, bringing extensive education and technology experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
management
News
Scholastic Corporation Announces Fourth Quarter Dividend
Rhea-AI Summary
Scholastic (SCHL) declares a quarterly cash dividend of $0.20 per share for the fourth quarter of fiscal 2024, payable on June 17, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
dividends
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News
'Dog Man' Little Free Libraries Coming to All 50 States through Scholastic and Little Free Library's 'Power Up with Reading' Initiative
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
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News
Scholastic to Invest in 9 Story Media Group, Significantly Expanding Opportunities for Production and Global Licensing of Scholastic IP
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
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none
News
Scholastic Corporation Announces Date for Third Quarter Fiscal 2024 Earnings Release and Conference Call
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
earnings
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News
"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
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
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none
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News
Join a Community of Readers Worldwide this Season and Make Interactive Read-Alouds with Authors a Weekly Routine with Scholastic's Storyvoice
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
News
Scholastic and the Council of the Great City Schools Names Detroit Public Schools Community District as the Richard M. Robinson Literacy Champion
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
Stock SCHL logo
Scholastic Corp.

Nasdaq:SCHL

SCHL Rankings

#2390 Ranked by Market Cap
#2133 Ranked by Stock Gains
#1353 Ranked by Dividends

SCHL Stock Data

1.02B
24.58M
20.68%
85.25%
2.33%
Newspaper Publishers
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United States
New York

About SCHL

scholastic corporation (nasdaq: schl) is the world's largest publisher and distributor of children's books, a leading provider of print and digital instructional materials for pre-k to grade 12, and a producer of educational and entertaining children’s media. the company creates quality books and ebooks, print and technology-based learning materials and programs, classroom magazines and other products that, in combination, offer schools customized and comprehensive solutions to support children’s learning both at school and at home. the company also makes quality, affordable books available to all children through school-based book clubs and book fairs. with a 94 year history of service to schools and families, scholastic continues to carry out its commitment to “open a world of possible” for all children. learn more at www.scholastic.com. you can also visit the company blog at http://www.oomscholasticblog.com.