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 ...

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]

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]