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Aug 31, 2024
Scholastic Q1 2025 Earnings Report
Reported first quarter fiscal 2025 results and affirmed fiscal 2025 guidance.
Key Takeaways
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.
Revenues increased 4% to $237.2 million.
Operating loss decreased 11% to $88.5 million.
The Children’s Book Publishing and Distribution segment’s revenues increased 3% to $105.4 million.
Education Solutions revenues decreased 16% to $55.7 million.
Scholastic
Scholastic
Scholastic Revenue by Segment
Scholastic Revenue by Geographic Location
Forward Guidance
Scholastic affirmed its fiscal 2025 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income