Company Reaffirms Fiscal 2025 GuidanceRevolving Credit Facility Upsized to $400 Million

NEW YORK, Dec. 19, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal second quarter ended November 30, 2024.

Peter Warwick, President and Chief Executive Officer, said, "Scholastic's proprietary school-based channels continued to deliver the joy and excitement of books and reading this fall, and our publishing and entertainment divisions moved ahead with exciting plans for this fiscal year and next. As we outlined when announcing our first quarter earnings, second quarter results were lower than a year ago, primarily reflecting the timing of this year's publishing releases. Confident in our ability to navigate a dynamic market and achieve our plan for the remainder of the year, we have reaffirmed our guidance for fiscal 2025.

NEW YORK, Dec. 11, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the third quarter of fiscal 2025. The dividend is payable on March 14, 2025, to all shareholders of record as of the close of business on January 31, 2025.

About Scholastic

Scholastic and its partners, through their joint missions, reached more than 30 million children and 350,000 teachers by distributing books within their nonprofit networks

NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Today, Scholastic, the global children's publishing, education and media company, released its third annual Philanthropic Impact Report, featuring inspiring stories of its long-standing initiatives and partnerships to improve global literacy and book access for all children.

NEW YORK, Dec. 5, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its second quarter fiscal year 2025 earnings announcement:

Earnings Release: Thursday, December 19, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com.Conference Call: Thursday, December 19, 2024, 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/z9798eef.To access the conference call by phone, please go to https://register.vevent.com/register/BI0ae5e166d2dd4be0ba1d7b582ad04913, which will provide dial-in details. To avoid delays, we encourage participants to dial into the conference call five minutes ahead of the scheduled start time.Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's investor relations website shortly after the completion of the live call.

DAV PILKEY INTERNATIONAL TOUR ANNOUNCED

DREAMWORKS ANIMATION'S NEW FEATURE FILM, DOG MAN, COMING TO THEATERS WORLDWIDE STARTING JANUARY 31

NEW YORK and LONDON and TORONTO and SYDNEY, Dec. 3, 2024 /PRNewswire/ -- Dog Man-ia is about to sweep the globe. Big plans for Dav Pilkey's #1 blockbuster hit series Dog Man kicks off with the launch of the newest book, Dog Man: Big Jim Begins, releasing today simultaneously in the U.S., U.K., Canada, Australia, and New Zealand with a 5 million copy first printing.

Company Affirms Fiscal 2025 Guidance

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal first quarter ended August 31, 2024.

Peter Warwick, President and Chief Executive Officer, said, "During our first quarter, Scholastic prepared for another important back-to-school season, as we executed on our long-term growth initiatives. In the seasonally quiet quarter for our school-based channels, first quarter's operating loss improved modestly versus the prior year.

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Jeffrey Mathews has been appointed to the new role of Scholastic's Chief Growth Officer and Executive Vice President, effective immediately. He rejoined Scholastic two years ago, as Executive Vice President, Corporate Development and Investor Relations.

The 2024-25 cohort of 27 kids ages 10-14 join a legacy of more than 500 students who have participated in the award-winning program, reporting "news for kids, by kids"

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- Today, Scholastic welcomes 27 student journalists to join the award-winning Scholastic Kids Press program. Since 2000, more than 500 Kid Reporters, ages 10–14, from around the world, have participated in the program and developed skills related to media literacy, including how to vet sources, think and write critically, and understand the robust impact of multimedia storytelling.

NEW YORK, Sept. 18, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2025. The dividend is payable on December 16, 2024, to all shareholders of record as of the close of business on October 31, 2024.

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its first quarter fiscal year 2025 earnings announcement:

Earnings Release: Thursday, September 26, 2024, at 4:00 PM ET and posted on the Company's investor relations website, investor.scholastic.com.Conference Call: Thursday, September 26, 2024, 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/m98wgyws/. To access the conference call by phone, please go to https://register.vevent.com/register/BIba13029c72e1414fa441a92404a14a4d, which will provide dial-in details. To avoid delays, we encourage participants to dial into the conference call five minutes ahead of the scheduled start time.Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's investor relations website shortly after the completion of the live call.