Educational Publishing

Search documents
Scholastic share price plunge 13% after weak first quarter results
Invezz· 2025-09-19 18:32
Group 1 - Shares of Scholastic fell 13.6% after reporting weaker-than-expected first-quarter results [1] - The company's performance did not meet market expectations, leading to a significant drop in stock price [1] - The decline in shares reflects investor concerns regarding the company's financial health and future prospects [1]
Educational Development Corp Surges Over 46% in Extended Trading Session Ahead of Earnings Call - Educational Development (NASDAQ:EDUC)
Benzinga· 2025-09-17 06:49
Group 1 - Educational Development Corporation (EDUC) experienced a significant stock price increase of 46.42% to $2.00 in after-hours trading, following a 7.98% gain during the regular session [1][2] - The surge in stock price is attributed to the upcoming fiscal 2026 second-quarter earnings call scheduled for October 9, where CEO Craig White and CFO Dan O'Keefe will present results and answer questions [2] - EDUC specializes in educational program development and owns brands such as Kane Miller Books, Learning Wrap-Ups, and SmartLab Toys, while also exclusively distributing Usborne books in the U.S. through multi-level marketing channels [2] Group 2 - The stock trades within a 52-week range of $0.92 to $2.49, with a market capitalization of $11.77 million, and has gained 23.05% over the past month [3] - The highest stock price was $2.40 on September 25, 2024, but it has since dropped by 42.92%. From its lowest point of $1.05 on August 20, 2025, it has risen by 30.48%, currently sitting at $1.37. Overall, the stock has lost 32.04% over the past year [3] - Benzinga's Edge Stock Rankings indicate that EDUC is undergoing long-term consolidation while experiencing medium and short-term upward movement [4]
Transcontinental Inc. Announces Results for the Third Quarter of Fiscal Year 2025
Globenewswire· 2025-09-04 21:00
Core Insights - Transcontinental Inc. reported improved adjusted net earnings per share for the third consecutive quarter, reflecting the positive impact of a two-year profitability improvement program [3][5][21] - The company experienced a revenue decrease in the Packaging Sector due to the sale of industrial packaging operations and weaker demand, but adjusted operating earnings margin improved [4][10] - The Retail Services and Printing Sector showed a 4.5% revenue increase, driven by growth in book printing activities and successful acquisitions [5][10] Financial Performance - Revenues for Q3 2025 were $684.4 million, down 2.2% from $700.0 million in Q3 2024 [6][10] - Operating earnings before depreciation and amortization decreased by 10.3% to $109.0 million from $121.5 million year-over-year [11][53] - Adjusted net earnings attributable to shareholders increased by 14.6% to $58.9 million, with adjusted net earnings per share rising 16.7% to $0.70 [14][39] Sector Performance - The Packaging Sector faced revenue declines due to the sale of operations and lower demand, but cost discipline led to improved margins [4][10] - The Retail Services and Printing Sector reported a strong quarter with a 4.5% revenue increase, attributed to growth in book printing and successful acquisitions [5][10] Acquisitions and Growth Strategy - The company made strategic acquisitions, including Middleton Group Inc. for $4.6 million and two additional companies for up to $72.7 million, aimed at enhancing in-store marketing activities [9][10] - Investments in flexible packaging and in-store marketing are expected to drive long-term growth [21][22] Outlook - The company anticipates organic growth in adjusted operating earnings for the Packaging Sector in fiscal 2025, despite weaker demand in Q3 [22][23] - Continued focus on reducing net indebtedness while investing in growth and returning capital to shareholders is part of the strategy moving forward [23][40]
TC Transcontinental Acquires Middleton Group to Further Grow its In-Store Marketing (ISM) Activities
Globenewswire· 2025-06-23 21:00
Group 1 - TC Transcontinental announced the acquisition of Middleton Group, enhancing its in-store marketing activities and solidifying its leadership position in Canada [1][2] - Middleton Group, founded in 1952, specializes in retail marketing solutions and employs 65 people, contributing to TC Transcontinental's growth in the ISM sector [2][3] - TC Transcontinental's ISM business has expanded to nearly 1,000 employees and generated over $200 million in revenues for the fiscal year ending October 27, 2024 [2][6] Group 2 - The acquisition is expected to create transformative opportunities for both TC Transcontinental and Middleton Group, focusing on enhancing the in-store customer experience [3] - TC Transcontinental is a leader in flexible packaging and retail services in Canada, with a total revenue of $2.8 billion for the fiscal year ending October 27, 2024 [4][6] - The company emphasizes values such as respect, teamwork, performance, and innovation in its operations [5]
Transcontinental Inc. Announces Results for the Second Quarter of Fiscal Year 2025
Globenewswire· 2025-06-04 21:00
Core Insights - Transcontinental Inc. reported its second quarter results for fiscal year 2025, highlighting the positive impact of profitability improvement initiatives [2][3] - The company experienced a slight decrease in revenues and earnings in the Packaging Sector compared to the previous year, while the Retail Services and Printing Sector showed strong growth [3][4] Financial Performance - Revenues for Q2 2025 were $684.1 million, a marginal increase of 0.1% from $683.2 million in Q2 2024 [5][8] - Operating earnings before depreciation and amortization rose by 17.8% to $104.5 million from $88.7 million in Q2 2024 [5][9] - Net earnings attributable to shareholders increased by 112.6% to $33.8 million ($0.40 per share) compared to $15.9 million ($0.18 per share) in Q2 2024 [5][11] - Adjusted net earnings attributable to shareholders grew by 6.4% to $48.2 million ($0.58 per share) from $45.3 million ($0.52 per share) in the same quarter last year [5][12] Sector Performance - The Packaging Sector saw a slight revenue and earnings decline, attributed to the sale of industrial packaging operations and lower volume, but maintained an adjusted operating earnings margin of 16.2% [3][4] - The Retail Services and Printing Sector reported a 5.1% increase in revenues and a 15.5% rise in adjusted operating earnings to $54.4 million, driven by growth in book printing and specialty solutions [4][5] Debt and Dividends - The company reduced its long-term debt significantly due to strong cash flows and the sale of industrial packaging operations, which also led to lower financial expenses [4] - A special dividend of $1.00 per share was paid during the second quarter, reflecting the company's solid financial position [4][7] Outlook - The company anticipates organic growth in adjusted operating earnings for the Packaging Sector in fiscal 2025 compared to fiscal 2024, while expecting stability in the Retail Services and Printing Sector [19][20] - Continued investments in growth activities, particularly in flexible packaging and in-store marketing, are expected to drive long-term growth [19]