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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.

Rhea-AI Summary
Scholastic (SCHL) appoints Haji Glover as Executive Vice President & Chief Financial Officer, aiming to drive growth and financial performance. Glover brings over 27 years of financial planning and corporate finance experience, serving in leadership roles at Amazon, Lockheed Martin, Ford, Honeywell, and Alvogen Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
management
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Rhea-AI Summary
Scholastic Corporation (NASDAQ: SCHL) reported diluted earnings per share of $2.45, up 16% from the prior year. Over $58 million was returned to shareholders in the second quarter, and the board approved an additional $66 million for share repurchases, increasing the total authorization to $100 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.62%
Tags
earnings
-
Rhea-AI Summary
Scholastic Corporation (NASDAQ: SCHL) declares a quarterly cash dividend of $0.20 per share for the third quarter of fiscal 2024. The dividend will be payable on March 15, 2024, to shareholders of record as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.62%
Tags
dividends
Rhea-AI Summary
Scholastic Corporation (NASDAQ:SCHL) will release its second quarter fiscal year 2024 earnings on Thursday, December 14, 2023, at 4:00 PM ET. The conference call, hosted by Peter Warwick, President and CEO, and Kenneth Cleary, CFO and Acting President, International, will follow at 4:30 PM ET. Participants can access the live webcast and register to listen to the call by phone. The archived webcast and audio replay will be available on the Company's investor relations website shortly after the live call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
earnings
-
Rhea-AI Summary
Scholastic Corporation (NASDAQ: SCHL) has acquired the rights to LitCamp and MathCamp, solidifying its position as a leading provider of programs to accelerate student learning and build confidence through unique, high-impact solutions designed for the summer weeks. The company aims to provide year-round learning that not only closes the gap but propels student achievement. The Scholastic summer learning portfolio includes Scholar Zone Summer, My Books Summer, Grab and Go Take-Home Book Packs, and Summer Express, with LitCamp and MathCamp complementing these offerings. The acquisition reflects the company's commitment to evidence-based teaching and learning that is engaging, inclusive, and impactful.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
none
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Rhea-AI Summary
Scholastic (SCHL) releases its second annual Philanthropic Impact Report, showcasing its efforts to increase access to books and literacy for all children through donations and creative collaborations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
partnership
Rhea-AI Summary
28 student journalists join Scholastic Kids Press program for 2023-2024 academic year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
none
-
Rhea-AI Summary
Scholastic Corporation reports financial results for Q1 2024, with revenues decreasing 13% to $228.5 million and operating loss increasing 71% to $99.1 million. Book Fairs revenues decreased 4%, Book Clubs revenues decreased 59%, and Trade revenues decreased 19%. Education Solutions revenues decreased 10%. International revenues decreased 12%. Over $42 million returned to shareholders in the quarter. The company affirms fiscal 2024 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.22%
Tags
earnings
-
Rhea-AI Summary
Scholastic Corporation declares quarterly cash dividend of $0.20 per share for Q2 fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
dividends
Rhea-AI Summary
Scholastic celebrates 25th anniversary of Harry Potter with free books and Butterbeer on Empire State Building's observation deck.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
none
Scholastic Corp.

Nasdaq:SCHL

SCHL Rankings

SCHL Stock Data

1.09B
24.58M
20.65%
85.22%
1.86%
Newspaper Publishers
Information
Link
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.