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.

Employee Rating

3.1More
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 New York, Secaucus, Knoxville, Sacramento and in 40 other locations
New York, (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 (12-Dec-2018)

1.5b

Closing stock price (12-Dec-2018)

43.3
Scholastic's current market capitalization is $1.5 b.
Annual
USDFY, 2012FY, 2013FY, 2015FY, 2016FY, 2018

Revenue

2.1b1.5b1.6b1.7b

Revenue growth, %

(28%)(10%)2%

Cost of goods sold

984.6m715.4m758.5m762.3m

Gross profit

1.2b834.4m877.3m910.5m
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

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

Accounts Receivable

193.8m196.3m

Inventories

33.7m72.5m

Current Assets

1.1b950.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

22.0m42.9m14.6m250.3m

Accounts Receivable

206.0m287.6m204.4m148.0m186.0m

Inventories

346.5m341.4m367.0m332.0m

Current Assets

810.5m715.3m1.0b1.1b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

294.6m(5.0m)

Depreciation and Amortization

48.3m

Inventories

(33.0m)

Accounts Payable

12.1m(6.0m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

58.3m(12.1m)(34.1m)68.5m(22.1m)(49.4m)(39.6m)12.9m

Depreciation and Amortization

15.9m14.2m13.5m13.0m11.5m10.6m9.6m28.9m10.0m14.0m

Inventories

(116.4m)(108.8m)(91.1m)(82.0m)

Accounts Payable

52.2m69.7m52.8m
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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

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

NEW YORK, Dec. 13, 2018 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its second quarter fiscal year 2019 earnings release: Earnings Release: Thursday, December 20, 2018 at approximately 7:00 AM (Eastern) by public ...

Scholastic Corporation Announces Third Quarter Dividend

NEW YORK, Dec. 12, 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 third quarter of fiscal 2019. The dividend is...

Yale Child Study Center & Scholastic Form Collaborative to Advance Research on Literacy and Health

NEW HAVEN, Conn., Dec. 11, 2018 /PRNewswire/ -- Today, the Yale Child Study Center and Scholastic announced the launch of a Collaborative to focus research on the intersection of literacy and health across a range of education content areas including early childhood, social emotional...

Scholastic Announces 5 Million Copy First Printing For Dav Pilkey's Dog Man: Brawl of the Wild, The Newest Book In The International Bestselling Series In-Stores December 24, 2018

NEW YORK, Dec. 11, 2018 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, today announced a 5 million copy first printing for Dog Man: Brawl of the Wild, the newest book in the blockbuster bestselling series by Dav Pilkey. The book will be...

My Very Own Library And Scholastic Book Fairs Expand Collaboration To Provide 500K New Books To Students

NEW YORK, Nov. 26, 2018 /PRNewswire/ -- According to the Scholastic Kids & Family Reading Report™: 6th Edition, households with income less than $35K only have an average of 69 children's books vs. 127 books for kids in households with income more than $100K. To help close this equity gap ...

New Scholastic Professional Resource from Donalyn Miller and Colby Sharp Highlights the Power of Book Access for All Kids

NEW YORK, Nov. 12, 2018 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education, and media company, today announced the release of Game Changer! Book Access for All Kids, a new professional title for K–8 educators, authored by The Nerdy Book Club blog...
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Scholastic Company Life and Culture

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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, Andrew Hedden and Judith Newman.

  • How many employees does Scholastic have?

    Scholastic has 9,000 employees.

  • Who are Scholastic competitors?

    Competitors of Scholastic include Solution Tree, learning.com and Lasalle Education.

  • Where is Scholastic headquarters?

    Scholastic headquarters is located at 555 Broadway, New York.

  • Where are Scholastic offices?

    Scholastic has offices in New York, Secaucus, Knoxville, Sacramento and in 40 other locations.

  • How many offices does Scholastic have?

    Scholastic has 44 offices.