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
HQNew York, US
Founded1997
Size (employees)9,000 (est)+2%
Websitescholastic.com
Scholastic was founded in 1997 and is headquartered in New York, US
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Key People/Management at Scholastic

Richard Robinson

Richard Robinson

Chairman, President & CEO
Andrew Hedden

Andrew Hedden

EVP, General Counsel and Secretary
Judith Newman

Judith Newman

EVP and President, Scholastic Book Clubs and E-Commerce
Alan Boyko

Alan Boyko

President, Scholastic Book Fairs
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Scholastic Office Locations

Scholastic has offices in Odenton, Secaucus, Knoxville, Sacramento and in 40 other locations
New York, US (HQ)
555 Broadway
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Scholastic Financials and Metrics

Scholastic Revenue

Scholastic's revenue was reported to be $1.67 b in FY, 2016 which is a 2.3% increase from the previous period.
USD

Net income (FY, 2018)

(5.0m)

Market capitalization (18-Oct-2018)

1.5b

Closing stock price (18-Oct-2018)

42.6

Cash (31-Aug-2017)

311.9m
Scholastic's current market capitalization is $1.5 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Revenue

2.1b1.5b1.8b1.6b1.7b

Revenue growth, %

(28%)18%(10%)2%

Cost of goods sold

984.6m715.4m846.0m758.5m762.3m

Gross profit

1.2b834.4m976.3m877.3m910.5m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

623.2m373.5m283.8m665.6m382.1m191.2m601.8m366.0m282.7m623.1m336.2m189.2m

Cost of goods sold

264.8m190.7m150.2m288.7m200.0m114.5m257.1m178.0m169.7m271.3m160.3m115.6m

Gross profit

358.4m182.8m133.6m376.9m182.1m76.7m344.7m188.0m113.0m351.8m175.9m73.6m

Gross profit Margin, %

58%49%47%57%48%40%57%51%40%56%52%39%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

105.3m194.9m181.5m196.1m195.9m214.0m

Accounts Receivable

253.3m193.8m196.3m

Inventories

272.7m33.7m72.5m

Current Assets

663.4m1.1b950.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

117.2m22.0m15.4m42.9m14.6m250.3m360.9m351.9m287.6m442.9m461.8m311.9m

Accounts Receivable

286.4m206.0m239.1m287.6m204.4m148.0m252.2m188.1m222.6m281.6m172.4m145.4m

Inventories

342.3m335.6m390.5m346.5m341.4m367.0m332.0m333.1m375.7m348.3m351.2m386.5m

Current Assets

876.1m711.5m824.4m810.5m715.3m1.0b1.1b1.1b1.0b1.1b1.1b956.8m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

44.4m294.6m40.5m(5.0m)

Depreciation and Amortization

62.7m48.3m38.9m

Inventories

(21.0m)(33.0m)(27.8m)

Accounts Payable

(11.2m)12.1m(12.7m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019

Net Income

58.3m(12.1m)(34.1m)68.5m(22.1m)(49.4m)15.5m6.5m(39.6m)28.3m12.9m(63.7m)

Depreciation and Amortization

15.9m14.2m13.5m13.0m11.5m10.6m21.3m30.6m9.6m19.3m28.9m10.0m14.0m

Inventories

(116.4m)(86.1m)(93.2m)(108.8m)(87.7m)(91.1m)(104.3m)

Accounts Payable

52.2m46.1m41.5m69.7m76.1m52.8m51.9m
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Scholastic Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

150 150 145
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Scholastic Revenue Breakdown

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

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Scholastic Online and Social Media Presence

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Scholastic News and Updates

Big Bang: Mastercard and Scholastic Team Up on STEM Education for Americas Girls

International Day of the Girl Kicks Off New Effort to Educate and Empower Students for a Future in STEM.read more

Scholastic Corporation Announces Second Quarter Dividend

NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) is pleased to announce that its Board of Directors today declared a quarterly cash dividend of $0.15 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2019. The dividend is...

509,867 Students Read 135,865,170 Minutes In The Scholastic Summer Reading Challenge™

NEW YORK, Sept. 26, 2018 /PRNewswire/ -- According to research from the Scholastic Kids & Family Reading Report™: 6th Edition, 80% of kids and 96% of parents agree that "reading books during the summer will help me/my child during the school year." This past summer, 509,867 students from...

Literacy Expert and Advocate Pam Allyn Joins Scholastic Education as Senior Vice President, Innovation & Development

NEW YORK, Sept. 24, 2018 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education, and media company, announced today that Pam Allyn is joining the Company as Senior Vice President, Innovation & Development, Scholastic Education. In this newly created role,...

Scholastic Corporation Announces Date for First Quarter Fiscal 2019 Earnings Release and Teleconference

NEW YORK, Sept. 20, 2018 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced the following schedule and teleconference information for its first quarter fiscal year 2019 earnings release: Earnings Release: Thursday, September 27, 2018 at approximately 7:00 AM (Eastern) by...

Geronimo Stilton to be staged in Broadway style at JLN stadium

The Jawaharlal Nehru (JLN) stadium here is all set to host one of the most technologically advanced, Broadway style theatrical shows in the world, Geronimo Stilton LIVE, based on their best-selling series that features Geronimo Stilton, the mouse reporter.
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Scholastic Company Life and Culture

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