SOURCE Scholastic Corporation Earnings Release: Thursday, December 18, 2025, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com. Conference Call: Thursday, December 18, 2025, at 4:30 PM ET hosted by Peter Warwick, President and CEO, and Haji Glover, CFO and Executive Vice President. A live webcast of the call can be accessed at https://edge.media-server.com/mmc/p/99tazdas. To access the conference call by phone, please go to https://register-conf.media-server.com/r ...

Good day everyone. >> Um I'm Pete and um yep, I've had the pleasure to write some children's books and play in a few bands and being able to get around to schools and just see kids enjoy the creative arts which is so important. My latest book is called Mudpoo and the Secret of the Rainforest. And the story talks about kids and animals rescuing a rainforest in Somatra. It involves palm oil trees and the desire for some of us oldies to make lots of money and we lose the flora and the fauna. I've been lucky en ...

Core Viewpoint - Scholastic Corporation (NASDAQ:SCHL) is recognized as a strong candidate for high-yield stock investments in October, despite facing challenges related to funding uncertainties in public schools [1][2]. Financial Performance - The education solutions unit of Scholastic experienced a significant revenue decline of 28%, dropping to slightly over $40 million due to funding uncertainties in public schools [2]. - Despite these challenges, the company has maintained its fiscal year guidance, projecting adjusted EBITDA between $160 million and $170 million, with an expected revenue increase of 2% to 4% compared to the previous fiscal year [3]. Dividend Information - Scholastic announced a quarterly dividend of $0.20 per share on September 17, with a current dividend yield of 2.9% as of September 27 [4]. - The stock will trade ex-dividend on October 31, 2023, making it an attractive option for dividend capture [4].

Core Viewpoint - Scholastic (SCHL) shares declined after the company reported a quarterly loss due to reduced spending from schools amid uncertainty regarding government funding [1] Company Summary - Scholastic, a children's books publisher, experienced a quarterly loss, indicating financial challenges [1] - The decline in school spending is attributed to uncertainties surrounding government funding, impacting the company's revenue [1] Industry Summary - The children's publishing industry is facing pressures as schools are cautious with their budgets, influenced by external funding uncertainties [1]

Company Overview - Scholastic Corporation has been a leader in children's publishing for over 100 years, focusing on literacy and educational content [1] - The company operates globally, reaching over 135 countries, and is the largest publisher and distributor of children's books through various channels [1] Earnings Announcement - Scholastic will release its first quarter fiscal year 2026 earnings on September 18, 2025, at 4:00 PM ET [2] - A conference call will follow at 4:30 PM ET, hosted by the President and CEO, Peter Warwick, and CFO, Haji Glover [2] - Participants are encouraged to join the call five minutes early to avoid delays [2] Access to Information - The earnings release will be available on the company's investor relations website [2] - An archived webcast and audio replay of the conference call will also be accessible shortly after the live event [2]

Group 1 - Scholastic Corporation declared a quarterly cash dividend of $0.20 per share for the first quarter of fiscal 2026, payable on September 15, 2025, to shareholders of record as of August 29, 2025 [1] - The company has over 100 years of experience in creating quality content and experiences focused on literacy for children [2] - Scholastic is the world's largest publisher and distributor of children's books, reaching over 135 countries [2]

Company Overview - Scholastic Corporation has been a leader in children's publishing for over 100 years, focusing on literacy and educational content [1] - The company is the largest publisher and distributor of children's books globally, reaching over 135 countries [1] Earnings Announcement - Scholastic will release its fourth quarter and fiscal year 2025 earnings on July 24, 2025, at 4:00 PM ET [2] - A conference call will follow at 4:30 PM ET, hosted by the President and CEO, Peter Warwick, and CFO, Haji Glover [2] - Participants are encouraged to join the call five minutes early to avoid delays [2] Access Information - The earnings release will be available on the company's investor relations website [2] - A live webcast of the conference call can be accessed online, with archived materials available shortly after the call [2]

Core Insights - Scholastic Corporation is focused on enhancing shareholder value through strategic and operational initiatives aimed at increasing profitability and long-term growth [1][2] - The company expects fiscal 2025 Adjusted EBITDA to be between $140 million and $150 million, aligning with its original guidance due to effective cost management and execution in Q4 [1][8] Strategic Initiatives - The Board of Directors is actively searching for two new independent directors to replace retiring members, with the assistance of Korn Ferry, to enhance board expertise in business transformation and capital allocation [3] - Scholastic has reorganized its Children's Book and Education Solutions businesses, appointing new leaders to refine strategies and improve financial results for fiscal 2026 and beyond [7] Capital Allocation - The company is exploring options to leverage its real estate assets, including a potential sale-leaseback transaction for its office and retail properties in New York City, to support debt reduction and share repurchases [7] - Scholastic is also evaluating financial advisors for similar transactions involving its distribution centers in Jefferson City, Missouri [7] Company Overview - Scholastic has over 100 years of experience in children's publishing and education, providing quality content and experiences that promote literacy and lifelong learning [4] - The company operates as the largest publisher and distributor of children's books globally, reaching over 135 countries [4]

Core Insights - Scholastic has announced the formation of a new Children's Book Group, integrating its Trade Publishing, Book Fairs, and Book Clubs divisions, effective June 1, 2025, under the leadership of Sasha Quinton [1][2] - The reorganization aims to enhance Scholastic's ability to reach children through a unified approach across various channels, maximizing the value of its intellectual property [2][3] Leadership Changes - Sasha Quinton, previously President of School Reading Events, will take on the role of Executive Vice President and President of the Scholastic Children's Book Group, expanding her responsibilities to include Trade Publishing [2][3] - Jackie De Leo joins as Publisher and Chief Merchant, starting June 2, 2025, bringing over 25 years of experience in trade publishing and bookselling [3][4] Strategic Focus - The new structure is designed to improve collaboration between editorial, distribution, and merchandising, thereby enhancing the company's 360-degree IP creation strategy [2][3] - Scholastic aims to maintain its leading position in children's publishing while creating new stories and characters that resonate with children [3] Future Outlook - The company plans to provide additional details regarding the organization and strategic outlook for the Children's Book Group during its fiscal 2025 results announcement in July [5]

Core Viewpoint - Scholastic has appointed Chris Lick as Executive Vice President, General Counsel, and Corporate Secretary, effective June 1, 2025, succeeding Andrew Hedden who retired after 17 years in the role [1][2]. Group 1: Leadership Transition - Chris Lick will report directly to President and CEO Peter Warwick and is recognized as a key strategic partner to the executive leadership [2]. - Lick has been with Scholastic since 2008, holding various senior positions, most recently as Senior Vice President and Deputy General Counsel [3]. Group 2: Responsibilities and Expertise - In his new role, Lick will provide strategic legal counsel for Scholastic and its Board, overseeing critical legal functions such as trademarks, litigation, compliance, information security, content development, and strategic alliances and acquisitions [2]. - Lick brings nearly 25 years of legal experience, including corporate governance, technology, and intellectual property, and has served as a key advisor at the senior executive level [3]. Group 3: Company Overview - Scholastic Corporation has been a leader in children's publishing and education for over 100 years, focusing on literacy and creating quality content for children [4]. - The company is the largest publisher and distributor of children's books globally, reaching over 135 countries and promoting lifelong reading and learning [4].