●千余种川版精品图书和多场覆盖学术、红色教育、文学、科幻等领域的重磅文化活动集中亮相，四川展台成为 人气打卡地 ●现场发布的《中国古代教育文献大系》（第一辑）共150册，涵盖童蒙、书院、科举等领域，破解珍稀文献藏用 两难问题 ●同步签约的国家社科基金重大项目成果《中国童蒙文化史研究》逾350万字、历时10年完成，填补了相关研究结 构性空白 北师大教育学部与四川教育出版社达成战略合作，将此前单点著作合作升级为全链协同模式，双方将组建学术与 运行委员会，聚焦教材研发、学术成果转化等领域联合发力。现场发布的《中国古代教育文献大系》（第一辑） 共150册，涵盖童蒙、书院、科举等七大领域，破解珍稀文献藏用两难问题；同步签约的国家社科基金重大项目成 果《中国童蒙文化史研究》逾350万字、历时10年完成，填补了相关研究结构性空白。 南开大学社会政治哲学研究中心与四川人民出版社以"照亮哲学的星空"为主题签约，启动"星丛文库"出版项目。 该项目聚焦马克思主义哲学基础理论与社会理论研究，依托南开大学学术积淀与四川人民出版社出版经验，精选 优质成果打造思想精品。此次合作立足德国古典哲学学术传统，旨在探索理论研究新方向，让深奥的哲学 ...

Financial Data and Key Metrics Changes - In the third quarter, net revenues decreased to $7 million from $11.1 million year-over-year [5] - Average active brand partners fell to 5,100 from 12,400 [5] - Earnings before income taxes improved to $10.6 million from a loss of $1.1 million in the prior year [5] - Net earnings for the quarter were $7.8 million compared to an $800,000 loss last year [5] - Year-to-date net revenues were $18.7 million, down from $27.6 million [6] - Year-to-date earnings before income taxes were $7.4 million compared to a loss of $5.3 million last year [6] - Year-to-date net earnings totaled $5.4 million compared to a $3.9 million loss last year [6] Business Line Data and Key Metrics Changes - The company launched the Gathered Goods fundraising program, which is expected to improve margins and scalability [8][10] - The Book Friday promotion drove strong engagement, reinforcing the value of the catalog [9] - Despite a decline in brand partner count, remaining partners are more productive and engaged [10] Market Data and Key Metrics Changes - The company reported a decrease in inventory levels from $44.7 million to $39.1 million, generating $5.6 million in cash flow from inventory reductions [6][7] - At the end of the quarter, cash was $3.4 million, receivables were $800,000, and accounts payable were $2.0 million [7] Company Strategy and Development Direction - The sale of the Hilti Complex allows the company to move forward without bank restrictions, focusing on growth and profitability [3][12] - The company plans to increase brand partner counts and has a refreshed marketing strategy targeting Gen Z [14] - An AI task force has been established to explore automation and transformational ideas [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth due to a committed leader base and more productive brand partners [11] - The company is preparing to execute a growth plan now that bank restrictions have been lifted [12][15] - Management acknowledged the challenges faced in recent years but is confident in the company's ability to emerge stronger [16][17] Other Important Information - The company has no bank debts following the sale of the Hilti Complex, which is expected to positively impact cash flows by approximately $1 million per year [12] - Inventory is fully insured at replacement cost, with about 50% related to Usborne [25][30] Q&A Session Summary Question: Has the sale of the building reinvigorated the salesforce? - Management noted increased activity in leader promotions and excitement among brand partners, indicating a positive shift [19][20] Question: Is there a new credit line in place? - Management is in discussions with banks for a new relationship but currently has sufficient cash [22][23] Question: Is the inventory fully insured? - Yes, inventory is insured at replacement cost [24][25] Question: What percentage of inventory could become outdated? - Historically, the company has not written down inventory and does not typically offload titles [26][27] Question: What is the status of the relationship with Usborne Publishing? - There has been no negative change, and Usborne is eager for the company to resume ordering titles [32][33] Question: What are the plans for the excess land beside the Hilti Complex? - The company is holding onto the land for now, with potential development options being considered [34]

Tulsa, Oklahoma--(Newsfile Corp. - January 8, 2026) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal third quarter ended November 30, 2025.Third Quarter Summary Compared to the Prior Year Third QuarterNet revenues were $7.0 million compared to $11.1 million.Average active PaperPie Brand Partners totaled 5,100 compared to 12,400.Earnings (loss) befor ...

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（原标题：AI威胁与广告寒流侵袭 欧洲老牌媒体巨头们迎来"艰难2026"） 来自人工智能技术的巨大风险是欧洲陷入疲软的媒体行业的另一个重要担忧。德意志银行分析师Silvia Cuneo表示："就在特朗普关税问题的尘土似乎已经落定之际，市场对于媒体行业并未陷入欢呼时刻;人 工智能作为颠覆性因素的出现带来了新的风险。" 这一点对于像Informa Plc这样的出版商，以及Rightmove Plc和Scout24 SE这样的线上媒体平台尤为相 关，这些公司发现人工智能是一把双刃剑。虽然该技术可能通过提高公司广告工具的效率创造新的销售 额增长机遇，但生成式人工智能与一些新型平台的结合也可能取代一些关键广告营销产品，使其部分业 务变得冗余。 智通财经APP获悉，欧洲老牌媒体巨头们——即那些最大规模媒体内容出版商和广播公司们，在2026年 可能面临更加严峻的经营挑战，主要因人工智能开始威胁并破坏它们长期固有的传统商业模式，叠加全 球宏观经济层面的不确定性则有可能比2025年更大幅压缩企业们广告预算。 Bloomberg Intelligence(BI)的一项统计数据表明，分析师们一致预期显示，欧洲股市基准——Stoxx ...

Core Insights - Scholastic reported revenue of $551.1 million for the quarter ended November 2025, reflecting a 1.2% increase year-over-year, with EPS at $2.57 compared to $1.82 in the same quarter last year, indicating a strong earnings performance despite a slight revenue miss against estimates [1] Revenue Breakdown - International revenues reached $89.5 million, exceeding the average estimate of $89.29 million, marking a year-over-year increase of 3.2% [4] - Entertainment revenues were reported at $15.1 million, falling short of the $16.45 million average estimate [4] - Education Solutions revenues totaled $62.2 million, below the estimated $64.8 million, representing a significant year-over-year decline of 12.6% [4] - Children's Book Publishing and Distribution revenues were $380.9 million, slightly below the estimated $383.12 million, but showing a year-over-year increase of 3.8% [4] Stock Performance - Scholastic's shares have returned 2.7% over the past month, outperforming the Zacks S&P 500 composite, which saw a 0.9% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]

Financial Data and Key Metrics Changes - In the second quarter, revenues increased by 1% to $551.1 million, with operating income improving to $95 million from $78.9 million in the prior year period, reflecting cost-saving initiatives [22][23] - Adjusted EBITDA grew to $122.5 million, up from $108.7 million a year ago, while net income rose to $66.3 million compared to $52 million in the prior year [22][23] - Adjusted earnings per diluted share increased to $2.57 from $1.82 last year [23] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues increased by 4% to $380.9 million, driven by strong performance in Book Fairs, which generated $242 million, a 5% increase [23][24] - Book Clubs revenue decreased to $28.5 million from $33.2 million, reflecting lower teacher sponsorships [23] - Trade Publishing revenues rose by 7% to $110.4 million, supported by new releases, including the latest Dog Man title [24] - Scholastic Education segment revenues fell to $62.2 million from $71.2 million, reflecting lower spending on supplemental curriculum products [25] Market Data and Key Metrics Changes - International segment revenues increased to $89.5 million from $86.7 million, with adjusted operating income improving to $12.8 million from $7.1 million [26] - The company anticipates modest declines in revenues and profitability in the international segment following strong performance in fiscal 2025 [27] Company Strategy and Development Direction - The company has focused on transforming into a more growth-oriented, shareholder-focused entity, with significant changes in leadership and organizational structure [4][5] - Strategic initiatives include the acquisition of Nine Story Media Group and a disciplined approach to capital allocation, returning nearly $500 million to shareholders since fiscal 2022 [7][8] - The company aims to leverage its unique strengths, including its brand and intellectual property, to drive long-term growth and value creation [9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for the second half of fiscal 2026, anticipating revenue growth in school reading events and entertainment divisions, despite modest declines in trade and international revenues [31] - The company expects to benefit from improved execution and new products in the education segment, with a focus on stabilizing the top line [18][31] - Management highlighted the importance of the spring selling season and the potential for increased federal funding to support growth [57] Other Important Information - The company closed two sale-leaseback transactions, unlocking over $400 million in net proceeds, which will be used for share repurchases and other capital allocation priorities [8][29] - The board has authorized an increase in the open market share repurchase program to $150 million [29][30] Q&A Session Summary Question: Can you provide any color or timing around the $80 million increase in the buyback authorization? - Management indicated that the increase in buyback authorization is a first step following the successful sale-leaseback transaction, with plans to continue returning cash to shareholders [41][43] Question: What is driving the decline in the education business? - Management noted that the education segment is experiencing softness due to funding issues, but expects an uplift in the second half based on improved sales pipeline and federal fund disbursements [47][48] Question: Is trade channel sales expected to be flat to moderately lower for fiscal 2026? - Management confirmed that trade channel sales are anticipated to be in line with the previous year, despite tough comparisons due to major releases last year [49][50] Question: How do dividends play into the capital allocation strategy? - Management stated that the goal is to return capital efficiently, with a consistent quarterly dividend payout of about $0.20 per share [63][64] Question: Is there a decline in Adjusted EBITDA expected in the second half? - Management clarified that Adjusted EBITDA is expected to show growth when adjusted for prior year comparisons, despite the impact of sale-leaseback transactions [65]

Scholastic (NasdaqGS:SCHL) Q2 2026 Earnings Call December 18, 2025 04:30 PM ET Company ParticipantsHaji Glover - CFO and EVPPeter Warwick - President and CEOJeffrey Mathews - EVP, Chief Growth Officer, and Interim President of Scholastic EducationDrew Crum - Managing DirectorConference Call ParticipantsBrendan McCarthy - Equity Research AnalystJeffrey MathewsHello and welcome, everyone, to Scholastic's Fiscal 2026 Second Quarter Earnings Call. Today on the call, I'm joined by Peter Warwick, our President an ...

Financial Data and Key Metrics Changes - Revenues increased by 1% to $551.1 million in the second quarter, with operating income improving to $95 million from $78.9 million in the prior year period [21] - Adjusted EBITDA grew by 13% to $122.5 million compared to $108.7 million a year ago, while net income rose to $66.3 million from $52 million [21] - Adjusted earnings per diluted share increased to $2.57 from $1.82 last year [22] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues increased by 4% to $380.9 million, driven by strong performance in Book Fairs [22] - Book Fairs revenues were $242 million, a 5% increase due to higher fair count and increased revenue per fair [22] - Trade Publishing revenues rose by 7% to $110.4 million, supported by new releases, including the latest Dog Man title [23] - Scholastic Education segment revenues decreased to $62.2 million from $71.2 million, reflecting lower spending on supplemental curriculum products [24] Market Data and Key Metrics Changes - International segment revenues increased to $89.5 million from $86.7 million, with growth driven by new Dog Man titles and other major franchises [25] - The company anticipates modest declines in revenues and profitability in the international segment following strong performance in fiscal 2025 [25] Company Strategy and Development Direction - The company has focused on transforming into a growth-oriented, shareholder-focused entity, with significant changes in leadership and board composition [4][5] - Strategic initiatives include reorganizing core businesses, investing in growth opportunities, and implementing disciplined capital allocation [6][7] - The company aims to return nearly $500 million to shareholders through share repurchases and dividends while maintaining a strong balance sheet [6][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of Fiscal 2026, expecting revenue growth in school reading events and entertainment divisions [30] - The company remains cautiously optimistic about the education segment, anticipating improvements in the sales pipeline and federal funding [18][40] - Management highlighted the importance of adapting to market conditions and preparing for growth as the funding environment stabilizes [41][42] Other Important Information - The company closed two sale-leaseback transactions, unlocking over $400 million in net proceeds, which will be used for share repurchases and other capital allocation priorities [7][28] - The company has seen strong engagement across digital channels, with significant viewership on platforms like YouTube and the launch of Scholastic TV [16][15] Q&A Session Summary Question: Use of proceeds from the sale-leaseback transactions - Management indicated that the first step is to increase the open market share buyback authorization, with plans to return cash to shareholders [34][36] Question: Guidance on top-line revenue changes - Management noted softness in the education business due to funding issues but expects growth in book fairs to help offset this [38] Question: Trade channel sales expectations - Management confirmed that trade channel sales are expected to be in line with the previous year, despite tough comparisons due to major releases last year [39] Question: Education solutions segment performance - Management acknowledged the challenges in the education segment but expressed optimism about stabilizing the business and benefiting from seasonal spending in the spring [42]

The publishing house reported a profit of $55.9 million as growth in the children's book publishing and distribution segment buoyed revenue. ...