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 Ratings3.5
Overall CultureC

Latest Updates

Employees (est.) (May 2020)8,300(-6%)
Job Openings139
Revenue (FY, 2020)$1.5 B(-10%)
Share Price (Jul 2021)$33.3(-1%)

Key People/Management at Scholastic

Kenneth J. Cleary

Kenneth J. Cleary

Chief Financial Officer
Richard Robinson

Richard Robinson

Chairman, President and CEO
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
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Scholastic Office Locations

Scholastic has an office in New York
New York, NY, US (HQ)
555 Broadway
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Scholastic Financials and Metrics

Scholastic Revenue

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Scholastic's revenue was reported to be $1.49 b in FY, 2020 which is a 10.1% decrease from the previous period.
USD

Revenue (Q3, 2021)

277.5m

Net income (Q3, 2021)

(13.9m)

EBIT (Q3, 2021)

(24.2m)

Market capitalization (23-Jul-2021)

1.1b

Closing stock price (23-Jul-2021)

33.3

Cash (30-Nov-2020)

356.6m

EV

1.1b
Scholastic's current market capitalization is $1.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.6b1.7b1.5b

Revenue growth, %

2%(10%)

Cost of goods sold

744.6m779.9m751.0m

Gross profit

883.8m874.0m736.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

218.4m604.7m360.1m232.6m597.2m373.3m215.2m406.2m277.5m

Cost of goods sold

125.3m262.4m176.9m137.1m264.3m183.0m123.2m199.3m

Gross profit

93.1m342.3m183.2m95.5m332.9m190.3m92.0m206.9m

Gross profit Margin, %

43%57%51%41%56%51%43%51%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

391.9m334.1m393.8m

Accounts Receivable

204.9m250.1m239.8m

Prepaid Expenses

66.6m52.7m41.1m

Inventories

294.9m323.7m270.6m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(5.0m)15.6m(43.8m)

Depreciation and Amortization

44.2m59.3m64.0m

Inventories

(27.4m)(49.8m)(20.8m)

Accounts Payable

45.9m11.8m(33.6m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(61.3m)10.3m(2.3m)(58.5m)12.5m(30.8m)(39.8m)(4.7m)(18.6m)

Depreciation and Amortization

14.0m29.1m43.7m16.1m32.1m48.1m16.4m33.4m

Inventories

(114.6m)(82.8m)(77.9m)(85.3m)(41.5m)(36.2m)(50.0m)(36.6m)(36.4m)

Accounts Payable

50.5m62.7m29.4m32.2m(4.6m)(100.0k)13.9m11.1m
USDFY, 2018

Revenue/Employee

180.9k

Financial Leverage

1.4 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
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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: 58.9% from Children’s Book Publishing and Distribution, 19.3% from Education and 21.8% from International

Scholastic revenue breakdown by geographic segment: 21.8% from International and 78.2% from Domestic

Scholastic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Scholastic Online and Social Media Presence

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Scholastic Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C

    62/100

  • Diversity

    C+

    65/100

Learn more on Comparably

Scholastic News and Updates

Peter Warwick Named Chief Executive Officer Of Scholastic Corporation

NEW YORK, July 19, 2021 /PRNewswire/ -- The Board of Directors of Scholastic Corporation (NASDAQ: SCHL) announced today that Peter Warwick has been named President and Chief Executive Officer of the global children's publishing, education and media company, effective August 1, 2021. Mr....

Scholastic Announces The Untimely Death Of Its Chairman And CEO M. Richard (Dick) Robinson, Jr.

NEW YORK, June 6, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that M. Richard Robinson, Jr. the Company's Chairman and CEO passed away yesterday unexpectedly. Mr. Robinson, 84 years old, had...

JoySuds Teams Up with Scholastic Book Fairs To Bring Free Books To 1,000 Children Amid COVID-19

GREENWICH, Conn., May 20, 2021 /PRNewswire/ -- JoySuds ® LLC, owner of the Joy® and Cream Suds® dish detergent brands, collaborated with Scholastic Book Fairs to bring free books to 1,000 students at Alimacani Elementary school in Jacksonville, Florida. "We're thrilled and grateful to...

Scholastic Expands And Adapts Resources To Support Students And Accelerate Learning Through Summer Reading

NEW YORK, April 9, 2021 /PRNewswire/ -- Many districts, from New York City to San Francisco, are announcing an expanded focus on summer learning including social-emotional support, online experiences, and holistic learning opportunities for all students. Research has long proven that in a...

Scholastic has pulled a book by 'Captain Underpants' author Dav Pilkey over its 'passive racism' and racial stereotypes

Summary List PlacementScholastic has pulled a children's book, "The Adventures of Ook and Gluk," for perpetuating "passive racism." The publisher said in a statement the decision was made on March 22 with the author, Dav Pilkey, who is known for the wildly successful "Captain Underpants" series.  …

Scholastic and LitWorld Team Up with Bestselling Author, Football Champion, and Literacy Advocate Malcolm Mitchell to Celebrate World Read Aloud Day on February 3, 2021

NEW YORK, Jan. 11, 2021 /PRNewswire/ -- According to the Scholastic Teacher & Principal School Report: 2nd Edition, educators have shared that their top COVID-19-related concern is their students' social-emotional wellbeing, and nearly all agree that literacy is critical to students'...
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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, Richard Robinson and Iole Lucchese.

  • How many employees does Scholastic have?

    Scholastic has 8,300 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 $179.2 k.

  • Who are Scholastic competitors?

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

  • 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.