Scholastic (SCHL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 16, 2026

Before Open (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

2.45

Last Year’s EPS

0.87

Same Quarter Last Year

Analyst Consensus

Hold

Based on 1 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Mar 19, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call reflected meaningful balance sheet and shareholder‑friendly achievements (>$400M sale‑leaseback proceeds, aggressive buybacks, net cash position, reaffirmed FCF and adjusted EBITDA guidance) alongside operational and seasonal headwinds (modest revenue decline, adjusted EBITDA pressured by sale‑leaseback, Trade and International softness, and tariff costs). Franchise strength (Hunger Games, Dog Man, Wings of Fire), Book Fairs momentum, digital/audience growth, and improving Education profitability are substantial positives that largely offset the near‑term quarter‑specific challenges. Management reiterated confidence in Q4 seasonality, cost mitigation, and longer‑term stabilization and growth actions.

Company Guidance

Management reaffirmed fiscal 2026 guidance with full‑year revenue expected to be approximately flat year‑over‑year, adjusted EBITDA of $146–$156 million (including an estimated ~$14 million partial‑year headwind from the December sale‑leaseback), and free cash flow to exceed $430 million (benefiting from the >$400 million net proceeds from the sale‑leaseback and Q3 free cash flow of $407 million); they expect a seasonal return to profitability in Q4 and revenue growth in School Reading Events and Entertainment versus slightly lower Trade and International revenues versus tough prior‑year comps. The company established long‑term net‑leverage targets of 2.0×–2.5× adjusted EBITDA, authorized a $300 million repurchase program (a $200 million modified Dutch‑auction tender offer at $36–$40 per share and $100 million for open‑market repurchases), said the tender will run Mar 23–Apr 20 and be funded with cash and credit, and noted it has already repurchased >4.4 million shares for ~ $147 million at an average $33.30; other key figures mentioned include Q3 revenues of $329.1 million, Q3 net cash of $90.6 million (versus FY25 net debt $136.6 million), and an expected ~ $10 million of incremental tariff expense for the year.

Sale‑Leaseback and Balance Sheet Optimization

Completed sale‑leaseback of NYC HQ and Jefferson City facility unlocking >$400 million in net proceeds; fully repaid revolver and ended the quarter with net cash of $90.6 million (vs. net debt of $136.6 million at FY25 end); Q3 free cash flow was $407 million (driven by sale proceeds) and management reaffirmed FY26 free cash flow to exceed $430 million.

Aggressive Share Repurchases and Capital Return

Since December repurchased >4.4 million shares for ~$147 million at an average $33.30; board authorized a new $300 million buyback program comprising a $200 million modified Dutch tender offer ($36–$40/share) and $100 million open‑market authority (tender could represent ~25% of shares if fully subscribed).

Reaffirmed Adjusted EBITDA Guidance and Q4 Profitability

Reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million–$156 million (includes ~ $14 million partial‑year impact from sale‑leaseback) and expect a return to profitability in Q4; management expressed confidence in hitting guidance driven by seasonal improvement and cost mitigation.

Book Fairs: Stable Growth and New Formats

Book Fairs revenue increased 2% to $113.3 million in Q3; fair counts grew year‑to‑date, revenue per fair improved, cancellations declined, eWallet adoption rose and Scholastic Dollars redemptions were strong; launched Discovery Fairs pilots with robust early demand.

Strong Trade Franchises and Bestseller Performance

Franchises continued to drive demand: Hunger Games 'Sunrise on the Reaping' ~5.4 million copies sold and 50 consecutive weeks on YA bestseller list; Dog Man and Wings of Fire titles produced multiple #1 debuts and backlist momentum despite quarter‑to‑quarter timing shifts.

Entertainment and Digital Audience Expansion

Entertainment revenues rose to $16.0 million (up $3.2 million, ~25% YoY). Scholastic YouTube channels generated >85 million views (up >200% YoY) and >21 million hours watched; Scholastic TV app recorded nearly 100 million minutes watched and >5 million views since launch, expanding digital reach and IP extension opportunities.

Education Segment Profitability Improvement

Education revenues modestly declined 2% to $56.1 million, but segment adjusted operating loss improved to $5.2 million from $6.9 million a year ago, reflecting lower cost structure, reorganization savings and sequential stabilization under newly appointed permanent President Jeff Mathews.

International Market Momentum in Key Regions

International markets including Australia and the U.K. showed strong contributions and operational improvements; management highlighted expanding demand for English‑language learning materials as a long‑term growth opportunity.

Scholastic (SCHL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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SCHL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 16, 2026	2026 (Q4)	2.44 / -	0.87	―	―	―
Mar 19, 2026	2026 (Q3)	-0.36 / -0.15	-0.05	-200.00% (-0.10)
Dec 18, 2025	2026 (Q2)	2.06 / 2.57	1.82	41.21% (+0.75)
Sep 18, 2025	2026 (Q1)	-2.44 / -2.52	-2.13	-18.31% (-0.39)
Jul 24, 2025	2025 (Q4)	0.85 / 0.87	1.73	-49.71% (-0.86)
Mar 20, 2025	2025 (Q3)	-0.78 / -0.05	-0.8	93.75% (+0.75)
Dec 19, 2024	2025 (Q2)	2.30 / 1.82	2.45	-25.71% (-0.63)
Sep 26, 2024	2025 (Q1)	-2.48 / -2.13	-2.2	3.18% (+0.07)
Jul 18, 2024	2024 (Q4)	2.66 / 1.73	2.26	-23.45% (-0.53)
Mar 21, 2024	2024 (Q3)	-0.80 / -0.80	-0.55	-45.45% (-0.25)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SCHL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Mar 19, 2026	$34.24	$37.25	+8.79%
Dec 18, 2025	$28.61	$26.85	-6.15%
Sep 18, 2025	$27.19	$23.93	-12.02%
Jul 24, 2025	$21.12	$26.16	+23.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.