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.

NEW YORK, Sept. 10, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing education and media company, today announced that Stacey Jaffe has been named Scholastic's Chief Digital Officer, effective immediately. Ms. Jaffe will drive Scholastic's data initiatives and digital practice with the core approach of bringing customer insights to life as strategies and digital solutions that directly serve customers' needs. A new role for the Company and based in New York, the Chief Digital Officer will elevate the organization's digital expression, enhance customer experiences, and leverage data to inform and optimize all aspects of the business. Ms. Jaffe joined Scholastic in 2018 and her proven track record has earned her expanded responsibilities, having most recently served as Senior Vice President of Data & Digital Strategy, overseeing Data & Analytics and Digital Marketing, in addition to eCommerce, Product, and UX/UI.

The Family Guide offers a wealth of insights focusing on how books are critical in fostering communication between parent and child across all ages

NEW YORK, Aug. 20, 2024 /PRNewswire/ -- Today, Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, released a Family Guide filled with new data from the Kids & Family Reading Report™: 8th Edition, designed to support families and make books part of growing up for every child. The Family Guide addresses a variety of developmental milestones and common conversations during each age range. In addition to a wealth of new data, this free resource includes tips, expert guidance, continued reading, and recommended book titles to ensure families feel well-equipped to put these findings into practice at home.