Scholastic Corporation (SCHL)

Scholastic Corp.'s stock price has experienced several notable events in the past six months. The company reported its Q1 Fiscal Year 2026 results, which showed a miss on revenue and adjusted EPS compared to analyst expectations, leading to a 12.2% drop in the stock price. Scholastic reported its Q2 Fiscal Year 2025 results, beating Wall Street's revenue and adjusted EPS expectations, with sales up 7% year-on-year. The company announced a dividend of $0.20 on September 20, 2025, with an ex-dividend date of August 29, 2025, and a payment date of September 15, 2025. Another dividend was announced on September 17, 2025, payable on December 15, 2025. Between October 14, 2024, and October 10, 2025, the share price increased by 5.20%.

Scholastic Corp.'s business is highly seasonal, largely operating on a school-year basis. Revenues in the first and third fiscal quarters are generally lower, as schools are typically not in session during parts of these periods. Education channel revenues tend to be higher in the fourth fiscal quarter. Scholastic Book Fairs are available year-round, offering different experiences with new releases and exclusive books throughout the year.

Scholastic Corporation is an American multinational publishing, education, and media company focused on children's literacy and education. It operates in the Consumer Discretionary sector, publishing and distributing products and services for schools, teachers, parents, and children, including books, magazines, instructional programs, and media content. The company is known for book series like Harry Potter and distributes its products through book clubs, book fairs, retail sales, and directly to schools and libraries.

Scholastic Corporation has a significant global presence, serving customers worldwide. Its operations extend across the Americas and Asia-Pacific, with established presences in countries such as Canada, the United Kingdom, Australia, and New Zealand. Through its export business, Scholastic reaches approximately 120 international markets.

Scholastic has a long-standing reputation as a trusted partner to educators and families, committed to fostering literacy and learning in children for over 100 years. However, in September 2023, Scholastic faced controversy regarding its book fairs. The company offered schools the option to exclude a collection of "diverse" books, which were grouped into a separate case, from their book fairs. This decision was met with significant criticism from educators, librarians, and authors who viewed it as capitulating to conservative groups and effectively creating a "bigotry button" to remove inclusive titles.

Scholastic Corp.'s ownership structure includes institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock, including BlackRock, Inc., Dimensional Fund Advisors Lp, and Vanguard Group Inc. As of November 2023, insider ownership was reported at 1.10%.