Company Description
Scholastic Corporation (NASDAQ: SCHL) is a global children's publishing, education and media company with a history spanning more than a century. The company focuses on creating quality content and experiences that begin with literacy, meeting children at school, at home and in their communities. Scholastic is widely described as the world's largest publisher and distributor of children's books, reaching readers through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail channels and online.
According to company disclosures, Scholastic develops and distributes bestselling children's books and e-books, literacy and knowledge-building resources for schools, classroom magazines, and educational and entertaining children's media. Its content is designed to empower children to become lifelong readers and learners, encouraging both personal and intellectual growth. The company notes that it has a global reach into more than 135 countries through its international operations and export activities.
Business segments and activities
Scholastic reports several key business areas. The Children's Book Publishing and Distribution segment includes school-based book clubs and book fairs, as well as trade publishing. In recent financial updates, the company highlighted book fairs and trade publishing as important revenue drivers within this segment, supported by strong performance from major children's franchises such as Dog Man, The Hunger Games and Harry Potter.
The Education Solutions division focuses on literacy curriculum and related materials for schools and school districts. Scholastic describes this division as central to its mission of helping all children reach their full potential through literacy, by delivering effective, evidence-based learning experiences that students enjoy and educators trust. The company has indicated that this business addresses supplemental instructional needs and operates in a funding-sensitive environment, where school and district budgets influence demand for curriculum and collections products.
Scholastic also operates an Entertainment segment that works with its intellectual property (IP). Company communications describe efforts to expand the reach and value of its children's franchises across digital platforms, including activity on video platforms and a Scholastic-branded streaming app for families. The company has referenced premium animated series in production with media partners and a broader "360-degree" approach to using its IP across channels and formats.
An International segment complements these activities by distributing Scholastic content and franchises in markets outside the United States. The company has cited growth in regions such as Australia, the United Kingdom and Asia, supported by global demand for its major children's series.
Content, IP and distribution channels
Scholastic emphasizes its portfolio of well-known children's brands and characters. It owns rights to various books, including the Harry Potter, Dog Man and The Hunger Games franchises, which it identifies as significant contributors to global publishing performance. These properties appear across print, digital and audio formats, as well as in related entertainment and licensing activities.
The company's distribution model combines school-based channels with retail and digital access. Book fairs and book clubs provide school-based reading events and curated selections, while trade publishing and international operations bring titles to bookstores, libraries and other outlets. The company also produces classroom magazines and other literacy-building resources that are used in schools.
Capital allocation and real estate strategy
In recent filings and press releases, Scholastic has outlined a capital allocation approach that includes returning cash to shareholders, investing in its brand and content, and managing its balance sheet. The company has reported share repurchase activity and regular cash dividends on its Class A and common stock.
Scholastic has also taken steps to monetize non-operating real estate assets. In 2025, it entered into and then completed sale-leaseback transactions for its New York City headquarters at 555–557 Broadway and its primary distribution facility in Jefferson City, Missouri. The transactions generated total proceeds that the company estimates at $401 million net of taxes, fees and other transaction-related expenses. Under the associated leases, Scholastic continues to operate from these locations under long-term arrangements while reducing its owned real estate footprint.
Governance and organizational developments
Scholastic’s board and management have described a multi-year effort to refine the company’s strategy, governance and organizational structure with a focus on long-term growth, operational efficiency and capital deployment. Public disclosures reference a refreshed board, changes in committee composition, and updates to director compensation and stock incentive plans, as well as management roles focused on corporate development and growth strategy.
Within its education division, the company has highlighted efforts to prioritize high-impact offerings, refine go-to-market execution and simplify operations. Scholastic has stated that it aims to support educators and literacy leaders through partnerships with schools, districts, and state and community organizations, even as it navigates a volatile funding environment for supplemental curriculum materials.
Role in education and literacy
Across its segments, Scholastic positions itself as a trusted partner to educators and families. Company descriptions emphasize literacy as the starting point for all of its activities, from classroom materials and magazines to children's books and media. By combining content creation, school-based distribution and educational resources, Scholastic seeks to support reading achievement and to nurture a lifelong relationship between children, reading and learning.
Frequently asked questions about Scholastic Corporation (SCHL)
- What does Scholastic Corporation do?
Scholastic Corporation is a global children's publishing, education and media company. It creates and distributes children's books and e-books, literacy and knowledge-building resources for schools, classroom magazines, and children's media, with a focus on supporting literacy and learning. - How does Scholastic reach its customers?
According to company statements, Scholastic reaches children and families through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail outlets and online channels. It also distributes classroom magazines and educational materials directly to schools and districts. - What are Scholastic’s main business segments?
Scholastic identifies several reportable areas, including Children's Book Publishing and Distribution, Education Solutions, Entertainment and International. Children's Book Publishing and Distribution includes book fairs, book clubs and trade publishing, while Education Solutions focuses on literacy curriculum and related materials for schools. - Which book franchises are important to Scholastic?
Company releases highlight several major franchises, including Dog Man, The Hunger Games and Harry Potter. These series are cited as key drivers of trade publishing performance and international growth. - How is Scholastic involved in education?
Through its Education Solutions division and other school-focused offerings, Scholastic provides literacy curriculum, supplemental instructional materials, classroom magazines and other resources. The company states that these products are designed to help educators improve reading achievement and to provide evidence-based learning experiences. - What is Scholastic’s approach to its real estate assets?
In 2025, Scholastic entered into and completed sale-leaseback transactions for its New York City headquarters and its Jefferson City distribution center. The company describes these transactions as part of a plan to monetize significant non-operating assets, improve balance sheet efficiency and support capital allocation priorities such as debt reduction and share repurchases, while maintaining long-term access to key facilities through leases. - How does Scholastic use its intellectual property beyond books?
Scholastic has described efforts to expand the reach of its children's IP through entertainment and digital channels. Examples mentioned in company communications include engagement on digital video platforms, a Scholastic-branded streaming app for families, and premium animated series in production with media partners. - Where does Scholastic operate internationally?
The company reports international operations and exports in more than 135 countries. It has cited growth in regions such as Australia, the United Kingdom and Asia, supported by demand for its global children's franchises. - How does Scholastic return capital to shareholders?
Public announcements indicate that Scholastic returns capital through regular quarterly cash dividends on its Class A and common stock and through an authorized share repurchase program. The company has also linked proceeds from real estate sale-leasebacks to its capital allocation priorities, including share repurchases and debt reduction. - What stock exchange is Scholastic listed on and what is its ticker symbol?
Scholastic Corporation’s common stock is listed on The Nasdaq Stock Market LLC under the ticker symbol SCHL.
Stock Performance
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Financial Highlights
Upcoming Events
Friendship Crafts publication
Dividend payable
Book release: Captain Underpants manga
Fan Edition publication
Graphic novel release
Short Interest History
Short interest in Scholastic (SCHL) currently stands at 1.5 million shares, up 2.4% from the previous reporting period, representing 6.1% of the float. Over the past 12 months, short interest has decreased by 21.7%.
Days to Cover History
Days to cover for Scholastic (SCHL) currently stands at 2.7 days, down 39% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has decreased 37.8% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 2.6 to 10.9 days.