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.

Type
Public
HQ
New York, US
Founded
1997
Size (employees)
9,000 (est)+2%
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

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 Financials

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

Revenue (Q1, 2018)

189.2 m

Gross profit (Q1, 2018)

73.6 m

Gross profit margin (Q1, 2018), %

38.9%

Net income (Q1, 2018)

(63.7 m)

EBIT (Q1, 2018)

(101.8 m)

Market capitalization (20-Apr-2018)

1.5 b

Cash (31-Aug-2017)

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

Revenue

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

Revenue growth, %

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

Cost of goods sold

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

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

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

Accounts Receivable

253.3 m193.8 m196.3 m

Inventories

272.7 m33.7 m72.5 m

Current Assets

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

Cash

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

Accounts Receivable

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

Inventories

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

Current Assets

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

Net Income

44.4 m294.6 m40.5 m

Depreciation and Amortization

62.7 m48.3 m38.9 m

Inventories

(21 m)(33 m)(27.8 m)

Accounts Payable

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

52.2 m46.1 m41.5 m69.7 m76.1 m52.8 m51.9 m
USDY, 2017

Financial Leverage

1.4 x
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Scholastic Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

150 150 145
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Scholastic News and Updates

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