Recent Updates — SCHL

Scholastic Corporation reported fiscal 2027 first-quarter results ending August 31, 2026, with revenues declining 4% to $216.8 million from $225.6 million in the prior year period. The company posted an operating loss of $92.2 million and a diluted loss per share of $3.77. Adjusted EBITDA was a loss of $63.6 million, compared to a $55.7 million loss previously. Scholastic affirmed its full-year fiscal 2027 guidance for revenue growth of approximately 2% to 4% and Adjusted EBITDA between $135 million and $145 million. The company returned approximately $29.6 million to shareholders through share repurchases and dividends, including the repurchase of 630,850 shares for $25.8 million and $3.8 million in dividends. Scholastic Corporation operates as a global children’s publishing, education, and media company.

Scholastic Corporation purchased 289,624 shares of common stock from the Estate of M. Richard Robinson, Jr., its former Chairman and CEO, for an aggregate price of $11,515,537.13 at $39.7603 per share on August 26, 2026. This transaction utilized approximately 1.6% of outstanding shares and was executed under the company's existing $300 million repurchase authorization, leaving $158.9 million available. The purchase represented a 3% discount to the stock's closing price on the agreement date. Scholastic Corporation operates in the children's publishing and education industry.

Scholastic Corporation reported fiscal 2026 results with revenue decreasing 3% to $1,581.9 million and operating income of $15.2 million. Adjusted EBITDA was $151.5 million, up 4% year-over-year. The company returned $288.6 million to shareholders through dividends and the repurchase of 7,336,966 shares for $268.6 million. For fiscal 2027, the company expects revenue growth of 2% to 4% and Adjusted EBITDA between $135 million and $145 million. Scholastic is a global children's publishing, education and media company.