OverviewSuggest Edit

Scholastic is a publisher and distributor of children's books and a leader in educational technology and related services and children's media. The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online.

TypePublic
Founded1997
HQNew York, US
Websitescholastic.com
Employee Ratings3.3
Overall CultureC+

Latest Updates

Employees (est.) (May 2019)8,900(-1%)
Job Openings13
Revenue (FY, 2020)$1.5 B(-10%)
Share Price (Nov 2020)$22.7 (+5%)
Cybersecurity ratingCMore

Key People/Management at Scholastic

Richard Robinson

Richard Robinson

Chairman, President, and CEO
Kenneth J. Cleary

Kenneth J. Cleary

Chief Financial Officer
Iole Lucchese

Iole Lucchese

Chief Strategy Officer and President, Scholastic Entertainment
Satbir Bedi

Satbir Bedi

Executive Vice President and Chief Technology Officer
Ellie Berger

Ellie Berger

Executive Vice President and President, Trade Publishing
Andrew Hedden

Andrew Hedden

Executive Vice President, General Counsel and Secretary
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Scholastic Office Locations

Scholastic has offices in New York and Lake Mary
New York, US (HQ)
555 Broadway
Lake Mary, US
1080 Greenwood Blvd
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Scholastic Financials and Metrics

Scholastic Revenue

Scholastic's revenue was reported to be $1.49 b in FY, 2020
USD

Revenue (FY, 2020)

1.5b

Net income (FY, 2020)

(43.7m)

EBIT (FY, 2020)

(88.5m)

Market capitalization (13-Nov-2020)

775.7m

Closing stock price (13-Nov-2020)

22.7

Cash (31-May-2020)

393.8m

EV

919.0m
Scholastic's current market capitalization is $775.7 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.6b1.7b1.7b1.7b1.5b

Revenue growth, %

(10%)2%

Cost of goods sold

758.5m762.3m814.5m779.9m

Gross profit

877.3m910.5m927.1m874.0m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

366.0m282.7m623.1m336.2m189.2m598.3m344.7m218.4m604.7m360.1m232.6m597.2m373.3m

Cost of goods sold

178.0m169.7m271.3m160.3m115.6m253.6m166.4m125.3m262.4m176.9m137.1m264.3m

Gross profit

188.0m113.0m351.8m175.9m73.6m344.7m178.3m93.1m342.3m183.2m95.5m332.9m

Gross profit Margin, %

51%40%56%52%39%58%52%43%57%51%41%56%
USDQ1, 2011

Financial Leverage

2.1 x
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Scholastic Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

150 150 145
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Scholastic Revenue Breakdown

Embed Graph

Scholastic revenue breakdown by geographic segment: 77.7% from Total Domestic and 22.3% from International

Scholastic Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Scholastic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Scholastic Online and Social Media Presence

Embed Graph

Scholastic Company Culture

  • Overall Culture

    C+

    66/100

  • CEO Rating

    A+

    78/100

  • Compensation

    C-

    60/100

  • Diversity

    B-

    70/100

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Scholastic News and Updates

Scholastic Corporation Announces Date For First Quarter Fiscal 2021 Earnings Release And Teleconference

NEW YORK, Sept. 17, 2020 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) today announced the following schedule and teleconference information for its first quarter fiscal year 2021 earnings release: Earnings Release: Thursday, September 24, 2020 at approximately 4:00 PM (Eastern)...

Ethiopian and African-American Researchers Reveal "The Greatest Historical Cover-Up of the Ages:" The Omission of The Ancient History of KUSH from Genesis 2:13 due to Historical Bias and Scholastic Racism

CHICAGO, Sept. 11, 2020 /PRNewswire/ -- Today is Ethiopian New Year known as "Enkutatash" which is celebrated at the end of the rainy season, followed by Spring symbolizing eternal life and resurrection, as beautiful flowers began blooming through the land. This day was chosen, by...

Hoppes and Champion Sponsor Scholastic Action Shooting Program

Serving as Platinum level sponsors, the brands have pledged their commitment to helping SASP continue with the recruitment of the next generation of competitive shooters.read more

Teens Nationwide Receive Top Honors in the 2020 Scholastic Art & Writing Awards

NEW YORK, March 16, 2020 /PRNewswire/ -- Today, the nonprofit Alliance for Young Artists & Writers announced the national award recipients of the 2020 Scholastic Art & Writing Awards, including the sixteen recipients of the program's highest honor, the Gold Medal Portfolio Awards, which...

Scholastic Corporation Announces Date For Third Quarter Fiscal 2020 Earnings Release And Teleconference

NEW YORK, March 12, 2020 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its third quarter fiscal year 2020 earnings release: Earnings Release: Thursday, March 19, 2020 at approximately 4:00 PM (Eastern) by...

Seventeen Students Earn Prestigious Scholastic Art and Writing Awards

A group of 17 Foxcroft School students created 21 outstanding works of art and writing that were recently selected for special recognition in the 2020 Scholastic Art and Writing Awards regional competition.
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Scholastic Frequently Asked Questions

  • When was Scholastic founded?

    Scholastic was founded in 1997.

  • Who are Scholastic key executives?

    Scholastic's key executives are Richard Robinson, Kenneth J. Cleary and Iole Lucchese.

  • How many employees does Scholastic have?

    Scholastic has 8,900 employees.

  • What is Scholastic revenue?

    Latest Scholastic annual revenue is $1.5 b.

  • What is Scholastic revenue per employee?

    Latest Scholastic revenue per employee is $167.1 k.

  • Who are Scholastic competitors?

    Competitors of Scholastic include Macmillan Publishers, Next Education India and Everfi.

  • Where is Scholastic headquarters?

    Scholastic headquarters is located at 555 Broadway, New York.

  • Where are Scholastic offices?

    Scholastic has offices in New York and Lake Mary.

  • How many offices does Scholastic have?

    Scholastic has 2 offices.