Scholastic

OverviewSuggest Edit

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

TypePublic
Founded1920
HQNew York, NY, US
Websitescholastic.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (May 2021)6,800(-18%)
Job Openings190
Revenue (FY, 2022)$1.6 B(+27%)
Share Price (Aug 2022)$47.5(+2%)
Cybersecurity ratingCMore
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Key People/Management at Scholastic

Kenneth J. Cleary

Kenneth J. Cleary

Chief Financial Officer
Iole Lucchese

Iole Lucchese

Chief Strategy Officer and President, Scholastic Entertainment
Ellie Berger

Ellie Berger

Executive Vice President and President, Trade Publishing
Andrew Hedden

Andrew Hedden

Executive Vice President, General Counsel and Secretary
Beth Polcari

Beth Polcari

President, International
Judy Newman

Judy Newman

Executive Vice President and President, Book Clubs
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Scholastic Office Locations

Scholastic has an office in New York
New York, NY, US (HQ)
555 Broadway
Show all (1)

Scholastic Financials and Metrics

Scholastic Revenue

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View revenue for all periods
Scholastic's revenue was reported to be $1.64 b in FY, 2022
USD

Revenue (FY, 2022)

1.6b

Gross profit (FY, 2022)

877.4m

Gross profit margin (FY, 2022), %

53.4%

Net income (FY, 2022)

80.9m

EBIT (FY, 2022)

97.4m

Market capitalization (1-Aug-2022)

1.6b

Closing stock price (1-Aug-2022)

47.5

Cash (31-May-2022)

316.6m

EV

1.4b
Scholastic's current market capitalization is $1.6 b.
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

1.7b1.5b1.3b1.6b

Revenue growth, %

2%(10%)(13%)

Cost of goods sold

779.9m751.0m666.5m765.5m

Gross profit

874.0m736.1m633.8m877.4m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

232.6m597.2m373.3m215.2m406.2m277.5m259.8m524.2m344.5m

Cost of goods sold

137.1m264.3m183.0m123.2m199.3m146.0m133.3m238.0m169.6m

Gross profit

95.5m332.9m190.3m92.0m206.9m131.5m126.5m286.2m174.9m

Gross profit Margin, %

41%56%51%43%51%49%55%51%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

334.1m393.8m366.5m316.6m

Accounts Receivable

250.1m239.8m256.1m299.4m

Prepaid Expenses

52.7m41.1m47.2m68.1m

Inventories

323.7m270.6m269.7m281.4m
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Net Income

15.6m(43.8m)(11.0m)80.9m

Depreciation and Amortization

59.3m64.0m64.9m

Inventories

(49.8m)(20.8m)(26.2m)(46.7m)

Accounts Payable

11.8m(33.6m)(17.9m)
Quarterly
USDFY, 2019

Revenue/Employee

185.8k

Financial Leverage

1.5 x
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Scholastic Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

135165165

Facility Space (US), sq. ft.

4.8 m4.8 m4.9 m

Facility Space (non-US), sq. ft.

1.4 m1.4 m1.4 m

Scholastic Acquisitions / Subsidiaries

Company NameDateDeal Size
Make Believe Ideas LtdMarch 27, 2019
Ooka Island IncApril 12, 2017
Troubadour Ltd.September 09, 2015
Weekly ReaderFebruary 08, 2012
Learners PublishingJanuary 03, 2012
Math SolutionsSeptember 13, 2010
Chicken House Publishing LimitedApril 28, 2005
Back To Basics ToysSeptember 24, 2003
Teacher's Friend Publications IncApril 24, 2002$5.9 m
Sandvik Publishing Ltd.April 04, 2002$7.5 m
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Scholastic Revenue Breakdown

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Scholastic revenue breakdown by business segment: 24.0% from Education, 51.1% from Children’s Book Publishing and Distribution and 24.9% from International

Scholastic revenue breakdown by geographic segment: 73.1% from Domestic and 26.9% from International

Scholastic Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Scholastic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Scholastic Online and Social Media Presence

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Scholastic Company Culture

  • Overall Culture

    D

    60/100

  • CEO Rating

    D

    59/100

  • Compensation

    D

    54/100

  • Diversity

    D

    52/100

Learn more on Comparably

Scholastic News and Updates

Scholastic raises dividend by 33%, to boost dividend yield above 2.2%

Shares of Scholastic Corp. rose 0.4% in afternoon trading Wednesday, after the children's books publisher and distributor said it was raising its quarterly dividend by 33%. The new dividend of 20 cents a share, up from 15 cents a share, will be payable Sept. 15 to shareholders of record on Aug. 31.…

Generation Esports Releases New Scholastic Gaming Curriculum: Exploring Interactive Media and Esports Topics

Kansas City, MO, June 22, 2022 (GLOBE NEWSWIRE) -- Generation Esports, a leader in scholastic gaming, has released their newest Gaming Concepts scholastic gaming curriculum Exploring Interactive Media and Esports Topics. The full-credit course was written due to the demand for high-quality, standa…

MiEN Company Releases White Paper on Creating a Scholastic Esports Program

GRAND RAPIDS, Mich. – June 15, 2022 – An increasing number of schools are finding that scholastic esports – competitive ... Read more The post MiEN Company Releases White Paper on Creating a Scholastic Esports Program appeared first on eCampus News.

Generation Esports Solidifies Their Position as Scholastic Esports Leader by Closing an Additional $19 Million in its Series B, Including the Acquisition of AI-Based Technology Platform Wizard Labs Inc.

Kansas City, MO, May 03, 2022 (GLOBE NEWSWIRE) -- Generation Esports, a global community-focused esports organization and tournament platform, announced today that it secured an additional $19 million in financing, which includes the acquisition of Santa Monica-based technology leader Wizard Labs …

Scholastic Expands Resources to Help Students Learn to Write "News for Kids, by Kids"

Scholastic Kids Press™ Opens Its Annual Global Call for Applications and, in partnership with Scholastic Magazine+™ Editors, Launches Free Resources for Grades 4-6 NEW YORK, March 31, 2022 /PRNewswire/ -- In the past two years, kids and adults alike have navigated a series of complex and...

Scholastic Names Cristina Juvier Chief People Officer

NEW YORK, March 21, 2022 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced Cristina Juvier has been named Chief People Officer. Based in New York, this new role for the company is designed to bring broad, strategic...
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Scholastic Frequently Asked Questions

  • When was Scholastic founded?

    Scholastic was founded in 1920.

  • Who are Scholastic key executives?

    Scholastic's key executives are Kenneth J. Cleary, Iole Lucchese and Ellie Berger.

  • How many employees does Scholastic have?

    Scholastic has 6,800 employees.

  • What is Scholastic revenue?

    Latest Scholastic annual revenue is $1.6 b.

  • What is Scholastic revenue per employee?

    Latest Scholastic revenue per employee is $241.6 k.

  • Who are Scholastic competitors?

    Competitors of Scholastic include Follett, Houghton Mifflin Harcourt and Curriculum Associates.

  • Where is Scholastic headquarters?

    Scholastic headquarters is located at 555 Broadway, New York.

  • Where are Scholastic offices?

    Scholastic has an office in New York.

  • How many offices does Scholastic have?

    Scholastic has 1 office.