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 widely known as a global children's publishing, education and media company, and its news flow reflects that focus on literacy, content and capital allocation. Company press releases and filings regularly describe Scholastic as the world's largest publisher and distributor of children's books, a provider of literacy curriculum and classroom magazines, and a producer of children's media with reach into more than 135 countries.
News related to SCHL often centers on financial results, strategic initiatives and developments across its segments. Earnings announcements provide updates on the performance of Children's Book Publishing and Distribution, Education Solutions, Entertainment and International, with commentary on trends in book fairs, book clubs, trade publishing and education funding. These releases also highlight the impact of major franchises such as Dog Man, The Hunger Games and Harry Potter on global publishing and international sales.
Investors following Scholastic news can also expect updates on capital allocation and balance sheet actions. Recent items have included details on sale-leaseback transactions for the company’s New York City headquarters and Jefferson City, Missouri distribution center, the resulting net proceeds, and how those proceeds relate to priorities such as debt reduction and share repurchases. Dividend declarations and changes to share repurchase authorizations are another recurring theme.
Governance and leadership developments appear in SCHL news as well, including board changes, director appointments, and management roles tied to growth strategy and education operations. For example, the company has announced new leadership for its education division and described efforts to refine product portfolios and go-to-market execution in a challenging funding environment.
This news page aggregates these types of updates so readers can follow Scholastic’s financial performance, strategic decisions, educational initiatives and IP-driven media activities over time.
Scholastic Corporation (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.15 per share for the first quarter of fiscal 2021. The dividend will be paid on September 15, 2020 to shareholders recorded by the close of business on August 31, 2020. Scholastic is committed to literacy and education, being a major publisher and distributor of children's books and educational materials globally.
Scholastic Corporation (NASDAQ:SCHL) has announced the schedule for its fourth quarter and fiscal year 2020 earnings release. The earnings will be released on July 23, 2020, at around 4:00 PM (Eastern), with a subsequent conference call hosted by CEO Richard Robinson and CFO Kenneth Cleary at 4:30 PM that same day. Investors can participate via a toll-free number or listen to a webcast on the company’s websites. An archived replay of the call will be available until July 31, 2020.