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 Ratings3.4
Overall CultureC+

Latest Updates

Employees (est.) (May 2020)8,300(-6%)
Revenue (FY, 2020)$1.5 B(-10%)
Share Price (Feb 2021)$28.8 (-1%)
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
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 (Q2, 2021)

406.2m

Gross profit (Q2, 2021)

206.9m

Gross profit margin (Q2, 2021), %

50.9%

Net income (Q2, 2021)

35.2m

EBIT (Q2, 2021)

48.8m

Market capitalization (26-Feb-2021)

987.9m

Closing stock price (26-Feb-2021)

28.8

Cash (30-Nov-2020)

356.6m

EV

922.1m
Scholastic's current market capitalization is $987.9 m.
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, 2021

Revenue

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

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, 2021

Net Income

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

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)

Accounts Payable

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

EV/EBIT

21.2 x

EV/CFO

8.3 x

Revenue/Employee

180.9k

Financial Leverage

1.4 x

P/E Ratio

(321.4)
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Scholastic Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

135 165 165

Facility Space (US), sq. ft.

4.80 m4.80 m4.90 m

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

1.40 m1.40 m1.40 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$5.90 m
Sandvik Publishing Ltd.April 04, 2002$7.50 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 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

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Scholastic Company Culture

  • Overall Culture

    C+

    66/100

  • CEO Rating

    A+

    78/100

  • Compensation

    C-

    60/100

  • Diversity

    B-

    70/100

Learn more on Comparably

Scholastic News and Updates

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'...

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...
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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 Richard Robinson, Kenneth J. Cleary 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 Curriculum Associates, Pearson and Wiley.

  • 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.