$SCHL (Scholastic Corporation)

$SCHL {{ '2015-12-16T17:38:24+0000' | timeago}} • Announcement

Publisher and distributor of children's books $SCHL said that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company's class A and common stock for 3Q16. The dividend is payable on March 15, 2016 to all shareholders of record as of the close of business on Jan. 29, 2016.

$SCHL {{ '2017-12-14T12:23:27+0000' | timeago}} • Announcement

"We are on track to achieve our fiscal year 2018 goals when revenues and profits were expected to be lower after last year's best-selling new Harry Potter releases," $SCHL announced as affirmed the FY18 outlook in total revenue of $1.65-1.70Bil and EPS from continuing operations in the range of $1.20-1.30 excluding one-time items.

$SCHL {{ '2017-12-14T12:22:09+0000' | timeago}} • Announcement

The lack of bestselling Harry Potter releases this year hit $SCHL, as the children's book publisher saw revenue slip 4% to $598.3MM, generating a 16% dip in net income of $57.1MM or $1.63 per diluted share for 2Q18.

$SCHL {{ '2017-12-13T18:18:28+0000' | timeago}} • Announcement

$SCHL's BoD declared a 3Q18 cash dividend of $0.15 per share on its class A and common stock. The dividend is payable on March 15, 2018 to all shareholders of record as of the close of business on Jan. 31, 2018.

$SCHL {{ '2017-09-21T19:02:26+0000' | timeago}} • Webcast

During 1Q18, $SCHL's Education segment revenues fell to $45MM. This decrease was related to the timing of the orders. For FY18, the company's expectation in education remain intact, with much of the sales weighed towards 4Q18 than in-year.

$SCHL {{ '2017-09-21T12:04:35+0000' | timeago}} • Announcement

$SCHL said its BoD declared a quarterly cash dividend of $0.15 per share on the Company's Class A and Common Stock for 2Q18. The dividend is payable on December 15, 2017 to shareholders of record on October 31, 2017.

$SCHL {{ '2017-09-21T12:03:26+0000' | timeago}} • Announcement

During 1Q18, $SCHL's Children's Book Publishing and Distribution segment revenue fell 52% to $66.8MM. Education segment revenue was $45MM, down 18% and International segment revenue fell 14% to $77.4MM.

$SCHL {{ '2017-09-21T11:59:17+0000' | timeago}} • Announcement

$SCHL affirmed its FY18 outlook for total revenue of $1.65-1.70Bil and EPS from continuing operations in the range of $1.20-1.30, excluding one-time items. $SCHL continues to expect free cash flow in the range of $40-20MM.

$SCHL {{ '2017-09-21T11:55:42+0000' | timeago}} • Announcement

$SCHL reported a wider loss in 1Q18, mainly due to 33% drop in revenue. Net loss came in at $63.7MM, or $1.81 per share, compared to $39.6MM, or $1.15 per share during the prior year period. Revenue dropped to $189.2MM. Excluding items, net loss stood at $1.67 per share.

$SCHL {{ '2017-07-19T18:02:35+0000' | timeago}} • Webcast

Book publisher $SCHL has declared a quarterly cash dividend of $0.15 per share on its class-A and common stock for 1Q18.  The dividend is payable on September 15, 2017, to shareholders of record as on August 31, 2017.

$SCHL {{ '2017-03-23T17:13:44+0000' | timeago}} • Webcast

In International, $SCHL saw overall growth in key emerging markets in Asia, such as India, China, Philippines, and Malaysia, where revenue grew by 3% in local currency terms. Additionally, growth was also realized in company’s export business, especially in Latin America, which was up by 21% in 3Q17 compared to a year ago.

$SCHL {{ '2017-03-23T17:07:14+0000' | timeago}} • Webcast

$SCHL said its own successful franchises, Dog Man performed well in clubs and fairs in 3Q17. Conversely, sales of adult coloring books, which were popular at this time last year declined, and the company expects coloring books to be a tough comparison in 4Q17 as well.

$SCHL {{ '2017-03-23T12:50:38+0000' | timeago}} • Announcement

In 3Q17, $SCHL's revenue from Children's Book Publishing and Distribution segment declined 9% to $199MM, hurt by lower orders and reduced sales of media titles in clubs. In Education segment, revenue fell 6% to $60.1MM, primarily due to lower sales of classroom books. International segment revenue dropped 5% to $78.4MM, excluding forex impact.

$SCHL {{ '2017-03-23T12:48:56+0000' | timeago}} • Announcement

$SCHL affirmed its FY17 outlook for total revenue of $1.7-1.8Bil and EPS from continuing operations in the range of $1.60-1.70, excluding one-time items. It continues to expect free cash flow in the range of $40-50MM.

$SCHL {{ '2017-03-23T12:27:27+0000' | timeago}} • Announcement

$SCHL posted a wider loss, hurt by lower revenue in 3Q17. Net loss was $15.4MM, or $0.44 per share, worse than $9MM, or $0.26 per share in the year ago quarter, as revenue slipped 8% to $336.2MM. Excluding items, net loss stood at $0.35 per share.

$SCHL {{ '2017-03-22T16:13:13+0000' | timeago}} • Announcement

$SCHL's BoD declared a quarterly cash dividend of $0.15 per share on its Class A and common stock for 4Q17. The dividend is payable on June 15, 2017 to all shareholders of record on April 28, 2017.

$SCHL {{ '2016-12-15T14:21:50+0000' | timeago}} • Webcast

$SCHL focused on profits, kit reductions and catalogue reductions in Book Clubs during 1H17 and while the profits held up well, the revenue declined. Beginning in January, the company will restore the classic kits as these have higher revenue. $SCHL expects to keep flat revenue for 2H17 and also believes the customer response will be positive.

$SCHL {{ '2016-12-15T14:09:12+0000' | timeago}} • Webcast

In 2Q17, $SCHL’s Trade revenues grew 60% driven by Harry Potter frontlist and backlist and strong sales of new releases. In Education, the company had strong revenues in classroom books which includes literacy initiatives and professional service offerings. This business grew by 7%.

$SCHL {{ '2016-12-15T13:46:25+0000' | timeago}} • Webcast

During 2Q17, growth in $SCHL’s Children's Book Publishing and Distribution segment was driven by the strong Trade publishing lineup led by Harry Potter and the Chamber of Secrets: The Illustrated Edition, and the original screenplay book for Fantastic Beasts and Where to Find Them, which was released late in the quarter.

$SCHL {{ '2016-12-15T12:35:50+0000' | timeago}} • Announcement

$SCHL affirmed its FY17 outlook for total revenue of $1.7-1.8Bil and diluted EPS from continuing operations of $1.60-1.70, excluding one-time items. The company continues to expect free cash flow of $40-50MM.

$SCHL {{ '2016-12-15T12:33:13+0000' | timeago}} • Announcement

During 2Q17, in $SCHL’s Children's Book Publishing and Distribution segment, revenue rose 5% to $432.5MM compared to 2Q16. In the Education segment, revenue fell 2% to $71.1MM, mainly due to lower sales of consumer magazines and library publishing. In International, revenue was $119.5MM, up 3% versus the prior year period.

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