Scholastic Corporation (NASDAQ:SCHL) Q1 2021 Earnings Conference Call - Final Transcript

Sep 24, 2020 • 04:30 pm ET

Previous

Scholastic Corporation (NASDAQ:SCHL) Q1 2021 Earnings Conference Call - Final Transcript

Share
Close

Loading Event

Loading Transcript

Q & A
Executive
Kenneth J. Cleary

million better year-on-year Drew.

Analyst
Drew Crum

Yeah, okay. Okay, all right, thanks guys.

Executive
Richard Robinson

Drew, I'd like to just amplify a little bit on your first question. Scholastic Literacy continues to sell well. But most of the demand is in other areas of supplementary material and we continue to be pleased with Scholastic Literacy. But it's only a part of the component of the growth that we experienced this summer from education.

Analyst
Drew Crum

Okay. Appreciate it. Thanks guys.

Executive
Richard Robinson

Thank you.

Executive
Kenneth J. Cleary

Thanks Drew.

Operator
Operator

And that concludes today's question-and-answer session. I'd like to turn the call back to Mr. Robinson for closing remarks.

Executive
Richard Robinson

Well, thank you all for your support. We had a strong first quarter from a cost point of view. We're very proud of our cost reduction program. And of all the wonderful things we're publishing to meet needs of schools, parents and children and teachers as we go into the second quarter of 2021 fiscal year. Thanks for your attention. We look forward to talking to you in December.

Operator
Operator

[Operator Closing Remarks]