63 At May 31, 2024, there were 230,149 shares of Common Stock remaining authorized for issuance under the MSPP. The total fair value of shares vested during the fiscal years ended May 31, 2024, 2023 and 2022 was $5.8, $4.9 and $2.8, respectively. At May 31, 2024, there were 69,465 shares of Common Stock remaining authorized for issuance under the ESPP. | --- | --- | --- | |-------------------------------------------------------------------|-------|---------| | Authorizations | | Amount | | July 2023 | | 100 ...

Sluggish school spending trends weighed on results. Education publisher Scholastic (SCHL -18.52%) fell short of expectations in its most recent quarter. Investors are giving the results an F, sending shares down 19% as of 12:30 p.m. ET. Tepid demand from key consumer categories Scholastic is a publisher of education textbooks, related products, and other books aimed at children. The company earned $1.73 per share in its fiscal fourth quarter ending May 31 on revenue of $474.9 million, falling short of Wall ...

The other factor was the one that we've already mentioned really about in the education area that we expected that there will be more opportunities than actually turned out to be the case for supplemental reading materials. And that was because just the sheer volume of new literacy programs and new curricula and particularly those associated with the science of reading. We would see that as being a bit of a continuing headwind, if you like, during the forthcoming financial year, but it is cyclical. It's som ...

Scholastic (SCHL) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -34.96%. A quarter ago, it was expected that this publishing, education and media company would post a loss of $0.80 per share when it actually produced a loss of $0.80, delivering no surprise. Over the last four quarte ...

■SCHOLASTIC Thursday, July 18, 2024 2 Today's comments include references to certain non-GAAP financial measures as defined in Regulation G. The reconciliation of these non-GAAP financial measures with the relevant GAAP financial information and other information required by Regulation G is provided in the Company's earnings release, which is posted on the Company's investor relations website at investor.scholastic.com. Fourth Quarter & Fiscal 2024 Results ○ Revenue down 10%, driven by Education Solutions a ...

Advanced Long-Term Growth Strategy and Investments, While Navigating Increased Spending Headwinds in School-Based Businesses in Fourth Quarter Returned Over $181 Million to Shareholders and Advanced 360-Degree Content Strategy with Addition of 9 Story Media Group in Fiscal 2024 Targeting Modest Growth in Fiscal 2025, With Continued Investment in Growth Initiatives and Cost Management NEW YORK, July 18, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education an ...

NEW YORK and TORONTO, June 21, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has closed its previously announced definitive agreement to invest in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content, after receiving a satisfactory opinion from the Minister of Canadian Heritage with respect to the transaction, in addition to satisfying customary closing c ...

Curated online hub for students, families, and educators includes book lists alongside print, audio and video resources informed by leading child development experts NEW YORK, May 17, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, has launched an online hub of books and curated, free resources with insights from leading child development experts to encourage positive experiences in and out of the classroom for children of all ages.To learn more about the Scho ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly Report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended February 29, 2024 Commission File No. 000-19860 SCHOLASTIC CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 557 Broadway, New York, New York 10012 (Address of principal executive offices) (Zip Code) Delaware 13-3385513 (IRS Employ ...

Jeffrey Mathews Thank you, Peter. We appreciate our investorsÂ' time today and continuing support. With that, we will open the call for questions. Question-and-Answer Session Operator [Operator Instructions] Our first question comes from the line of Brendan McCarthy with Sidoti. You may proceed. Brendan McCarthy Hey. Good afternoon everybody. Thanks for taking my questions. Just wanted to start off in the consolidated trade area, it looks like, the sales were up 7%, solid growth there. Can you talk about th ...