Corporate News

Scholastic Reports Fiscal 2024 Second Quarter Results

Diluted Earnings Per Share of $2.45, Up 16% From Prior Year

Scholastic Corporation Announces Third Quarter Dividend

New York, NY – December 13, 2023 – 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 2024. The dividend is payable on March 15, 2024, to all shareholders of record as of the close of business on January 31, 2024. 

About Scholastic

Scholastic Corporation Announces Date for Second Quarter Fiscal 2024 Earnings Release and Conference Call

New York, NY — December 7, 2023 — Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its second quarter fiscal year 2024 earnings announcement:

Scholastic Invests in Summer Learning with Expansion of PreK-8 Literacy and Math Portfolio

Rights to LitCamp and MathCamp acquired by Scholastic, solidifying the Company’s position as a leading provider of programs to accelerate student learning and build confidence through unique, high impact solutions designed for the summer weeks

The Scholastic 2023 Philanthropic Impact Report Celebrates Partnerships Committed to Literacy for All Children

 Through donations of millions of books and funding dollars, and a wide range of creative collaborations, Scholastic works to elevate its partners’ missions to deliver access, choice, and diversity of books regardless of a child’s literacy experience or economic background

An Update on U.S. Scholastic Book Fairs for Spring 2024

Scholastic has a clear mission: to make sure all children have access to books and resources that will help them learn to read and love to read. At the heart of inspiring a lifelong reader is ensuring every child finds the right books for them, and Scholastic Book Fairs is one of the many ways we do this. Today, delivering on this mission comes with extraordinary challenges. We are committed to helping schools share stories that represent, reflect, and inspire all children through Scholastic Book Fairs.

The President and First Lady Welcome Trick-or-Treaters to the White House for “Hallo-READ!”

The First Lady’s theme, “Hallo-READ!,” highlights famous literary tales and characters, ghost stories, and the spooktacular thrill of reading  

Following a Hit Run in New York City, Dog Man: The Musical to Tour Select Cities Across the Country

The tour kicks off in LA, followed by stops in Dallas, Chicago, and Phoenix, with future stops to be announced. Tickets are on sale now for Dog Man: The Musical, a hilarious adventure for the whole family! 

An Update from Scholastic on U.S. Book Fairs

This fall, we made changes in our U.S. elementary school fairs out of concern for our Book Fair hosts. In doing this, we offered a collection of books to supplement the diverse collection of titles already available at the Scholastic Book Fair. We understand now that the separate nature of the collection has caused confusion and feelings of exclusion. 

A Message from Scholastic on U.S. Book Fairs

Scholastic provides diverse titles to every Book Fair.  

There have been a number of misconceptions that we want to clarify about how we have created a path to host Scholastic Book Fairs, even as schools and educators in the U.S. navigate restrictions imposed on them by state legislation and local policy. The biggest misconception is that Scholastic Book Fairs is putting all diverse titles into one optional case. This is not true, in any school, in any location we serve.

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