Scholastic ( (SCHL) ) has released its Q2 earnings. Here is a breakdown of the information Scholastic presented to its investors.
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Scholastic Corporation is a global leader in children’s publishing, education, and media, known for delivering quality content and educational resources worldwide. The company’s recent fiscal 2025 second-quarter earnings report revealed a strategic focus on expanding their book fairs and clubs, despite a 3% decrease in revenue due to timing-related factors in their publishing schedule. Scholastic’s financial performance showed a decline in key metrics, including a 26% decrease in operating income and a 30% drop in diluted earnings per share, largely attributed to lower sales in children’s book publishing and education solutions segments. The acquisition of 9 Story Media Group has bolstered their entertainment segment, contributing to revenue but also incurring significant costs. Looking ahead, Scholastic remains optimistic about their fiscal 2025 outlook, supported by strong new releases and an upsized $400 million credit facility. The company is poised to leverage its brand and global scale for long-term growth while continuing to invest in expanding their reach and returning value to shareholders.
