Second Quarter Revenue Up Led By Strong Trade Publishing Globally

New York – December 20, 2018 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported results for the Company’s fiscal 2019 second quarter ended November 30, 2018. The Company reported second quarter 2019 earnings per diluted share of $1.99, compared to $1.60 in the second quarter of 2018. Excluding one-time items, second quarter earnings per diluted share was $2.09 versus $1.92 in the prior year period.