Scholastic Earnings Reports

Scholastic achieved revenue of $335.4 million in Q3 2025, a 4% increase year-over-year. The company saw strong performance in Children's Book Publishing and Distribution, particularly through School Book Fairs and Clubs, as well as contributions from the 9 Story Media Group. Despite a net loss of $3.6 million, adjusted EBITDA turned positive at $6.0 million, reflecting improved operational efficiencies.

Scholastic reported a decrease in revenue and operating income for the second quarter of fiscal 2025, primarily due to the timing of publishing releases and lower sales in Education Solutions. However, the company reaffirmed its fiscal 2025 guidance, supported by growth in Book Fairs and Clubs, and the addition of 9 Story Media Group.

Scholastic reported a 4% increase in revenues to $237.2 million, driven by the acquisition of 9 Story Media Group, which was partly offset by lower sales in Education Solutions. The operating loss decreased by 11% to $88.5 million. The company affirmed its fiscal 2025 guidance and is committed to its capital allocation priorities.

Scholastic reported a decrease in revenue and operating income for the fourth quarter of fiscal year 2024, primarily due to lower U.S. Book Club revenues, decreased supplemental curriculum product sales in Education Solutions, and lower revenue per fair in the U.S. Book Fairs channel.

Scholastic reported approximately level revenues of $323.7 million, a slight decrease from the prior year. The operating loss increased to $34.9 million, impacted by higher spending on growth initiatives. The company returned over $60 million to shareholders through repurchases and dividends and affirmed its fiscal 2024 guidance.

Scholastic reported a decrease in revenue by 4% to $562.6 million, primarily due to reduced promotional spending and the elimination of unprofitable orders in Book Clubs. However, operating income increased by 1% to $101.3 million, and diluted earnings per share increased by 16% to $2.45. The company returned over $58 million to shareholders through share buybacks and dividends.

Scholastic reported a decrease in revenues and an increase in operating loss for the first quarter of fiscal 2024, reflecting continued retail softness and strategic investments. The company affirmed its fiscal 2024 guidance, anticipating growth in the School Reading Events business and new fall releases.

Scholastic reported a strong finish to fiscal 2023, with fourth-quarter operating income up significantly. Revenue increased by 3% to $528.3 million, and operating income rose by 40% to $92.0 million. The Children's Book Publishing and Distribution segment and Education Solutions segment drove the revenue growth.

Scholastic reported a decrease in revenues to $324.9 million, reflecting softening retail demand for children’s books. The Children’s Book Publishing and Distribution segment revenues grew due to strong performance in the Book Fairs channel. Operating loss increased to $27.7 million. The company updated its fiscal year 2023 outlook, expecting Adjusted EBITDA of $175 million to $185 million and revenue growth of approximately 4%.

Scholastic Corporation reported a 12% increase in revenues to $587.9 million, driven by strong performance in the Children's Book Publishing and Distribution segment. Operating income increased by $16.7 million to $100.1 million. The company is affirming its fiscal 2023 guidance.

Scholastic's first quarter results were on plan, with revenues increasing slightly but operating loss increasing significantly due to lower sales in Education Solutions and higher costs. The company affirmed its full-year guidance for fiscal year 2023.

Scholastic reported strong Q4 and full-year results for fiscal 2022, driven by the rebound of in-person book fairs and increased demand for educational products. Revenue increased by 28% compared to the previous year, and operating income saw a substantial gain.

Scholastic Corporation reported a 24% increase in third-quarter revenues, driven by higher-than-expected revenue per fair from book fairs and strong demand for educational products. The company anticipates a strong fourth quarter with the spring book fair season and the peak selling season for Education Solutions.

Scholastic Corporation reported a strong second quarter with a 29% increase in revenues to $524.2 million and a 71% improvement in operating profit to $83.4 million. The book fairs channel was a key driver, achieving 70% of pre-pandemic levels. The company is managing cost pressures in its supply chain and labor pools while remaining optimistic about generating strong free cash flow.

Scholastic reported a 21% increase in revenues for the first quarter of fiscal year 2022, primarily driven by growth in the U.S. trade and education channels. The company's operating loss improved by 44% compared to the prior year period, and net cash provided by operating activities increased by $89.6 million.

Scholastic Corporation reported a strong fourth quarter for fiscal year 2021, with a 41% increase in revenues and a significant improvement in operating income, driven by improvements across all operating segments and the benefits of cost-saving initiatives. The company's positive free cash flow generation and improved operating margins led to year-over-year growth in adjusted EBITDA, despite a decline in full-year revenues.

Scholastic Corporation reported a decrease in revenue by 26% compared to the third quarter of 2020, mainly due to lower sales in the Company's book fairs operations impacted by COVID-related conditions. However, the impact on operating income from this revenue shortfall was offset by the continued effect of the Company's cost reduction program, resulting in a year-over-year improvement in the Company's quarterly operating loss.

Scholastic Corporation reported a decrease in revenue for the second quarter of fiscal year 2021, primarily due to the impact of COVID-19 on its book fairs business. However, other major businesses showed improvements in operating income, and the company took steps to reduce operating costs.

Scholastic reported a decrease in revenue due to COVID-19 impacted delays in school openings but improved operating loss due to cost savings measures. Digital billings were up 15% in the quarter.

Scholastic Corporation reported a challenging fourth quarter due to widespread school closures impacting book clubs and fairs, which led to a significant revenue decline. This was partially offset by strong trade sales. The company is implementing cost-saving measures and adapting its services to address the evolving educational landscape.

Scholastic's third quarter revenue increased by 4% due to strong education and trade business performance. However, the company reported an operating loss, largely due to a one-time non-cash inventory write-down. Due to coronavirus-related school closings, Scholastic withdrew its fiscal year guidance and is implementing cost-saving measures.