Reuters UK (Free subscription) | 09/25/2008
NEW YORK, Sept 25 (Reuters) - Publisher Scholastic Corp on Thursday said its quarterly loss widened from a year-ago period that included sales of the blockbuster final Harry Potter book.
Market Watch (Free subscription) | 09/25/2008
NEW YORK (MarketWatch) -- Scholastic Corp. said Thursday that it lost $49.1 million, or $1.30 a share, in the first quarter compared to a loss of $2.8 million, or 7 cents a share, in the same period a year ago. Revenue fell to $285 million compared to $531 million in last-year's period. Analysts polled by FactSet, on average, estimated a loss of 98 cents a share on sales of $295 million. The children's...
SignalBlog (Free subscription) | 07/25/2008
Educational publishing company Scholastic Corp. on Thursday reported a fiscal fourth-quarter loss as revenue dipped and the company recorded a large loss from discontinued operations. For the quarter ended May 31, Scholastic posted a loss of $13.1 million, or 34 cents per share, compared with a profit of $40.4 million, or 93 cents per share, in [...]
Reuters UK (Free subscription) | 03/27/2008
NEW YORK, March 27 (Reuters) - Scholastic Corp posted a wider quarterly loss on Thursday after the children's book publisher took a write-down related to the planned sale of its direct-to-home sales business.
Market Watch (Free subscription) | 03/27/2008
WASHINGTON (MarketWatch) -- Scholastic Corp. , updating its financial outlook for fiscal 2008, said it now anticipates earnings from continuing operations of $2.50 to $2.85 a share. Full-year revenue is now pegged at $2.2 billion to $2.3 billion. According to FactSet Research, the company's previous profit range for fiscal 2008 was $2.35 to $2.85 a share. The FactSet-compiled consensus forecast among...
Market Watch (Free subscription) | 03/27/2008
WASHINGTON (MarketWatch) -- Scholastic Corp. reported a net loss of $82.1 million, or $2.14 a share, for the third quarter ended Feb. 29, wider than a loss of $7.7 million, or 18 cents a share, recorded in the same period during fiscal 2007. Quarterly revenue rose to $458.4 million from the prior year's $446 million, the New York-based children's publisher said. Scholastic's loss from continuing operations...
Reuters UK (Free subscription) | 12/20/2007
NEW YORK, Dec 20 (Reuters) - Book-publishing, education and media company Scholastic Corp on Thursday posted a rise in second-quarter earnings, helped by revenue and profit growth in its international business.
Reuters UK (Free subscription) | 12/20/2007
Dec 20 (Reuters) - Book-publishing, education and media company Scholastic Corp posted second-quarter profit above analysts' estimates, helped by revenue and profit growth at its International segment.
Market Watch (Free subscription) | 12/20/2007
LONDON (MarketWatch) -- Scholastic Corp. said that second quarter net income edged up to $75.6 million, or $1.93 a share, from $75.1 million, or $1.75 a share, last year. Analysts had been expecting earnings per share of $1.91 according to data compiled by Thomson Financial. Sales rose to $746.2 million, from $735.5 million a year ago. Scholastic said that it intends to sell its Direct-to-Home Continuities...
Fairbanks Daily News-Miner (Free subscription) | 10/06/2007
Fort Wainwright's elementary school won national recognition as a runner-up in a contest that pitted the school against schools in Dallas, Miami, and Flint, Mich., the school librarian said.
CNNMoney.com (Free subscription) | 09/20/2007
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Market Watch (Free subscription) | 09/20/2007
LONDON (MarketWatch) -- Publisher Scholastic Corp. said that its first-quarter net loss narrowed to $2.8 million, or 7 cents a share, from $46.9 million, or $1.12 a share, a year ago. Analysts had been expecting a loss of 47 cents a share, according to data compiled by Thomson Financial. Sales rose 75% to $586.9 million, largely due to phenomenal sales of the last Harry Potter book, which was released...
Market Wire - Class Action (Free subscription) | 08/28/2007
BALTIMORE, MD (MARKET WIRE) Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Scholastic Corp. (the "Company") (NASDAQ: SCHL) between March 18, 2005 and March 23, 2006, inclusive (the "Class Period").
PR News Wire (Free subscription) | 08/25/2007
OKLAHOMA CITY, Aug. 24 /PRNewswire/ -- On August 20, 2007, a class action lawsuit was filed in the United States District Court for the Southern District of New York against Scholastic Corp. (Nasdaq: ). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations...
Business Wire (Free subscription) | 08/20/2007
NEW YORK--(BUSINESS WIRE)--Lerach Coughlin Stoia Geller Rudman & Robbins LLP (“Lerach Coughlin”) (
