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Scholastic Reports Fiscal 2018 Third Quarter Results; Raises EPS Outlook

Submitted by morgabad on Wed, 03/21/2018 - 14:55.

Revising 2018 EPS Outlook to $1.35-$1.45, Excluding One-Time Items, On Partial Year Impact of Tax Reform

New York – March 21, 2018 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported financial results for the Company’s fiscal 2018 third quarter ended February 28, 2018.

Scholastic Board Authorizes Further Repurchases of Up to $50 Million in Common Stock

Submitted by Gina Asprocolas on Wed, 03/21/2018 - 10:05.

New York – March 21, 2018 – Scholastic Corporation (NASDAQ: SCHL), the global children’s book publishing, education and media company, today announced that its Board of Directors has authorized an additional $50 million for repurchases of its common stock under the Company’s stock repurchase program. Under this program, which will continue to be funded with available cash, the Company may purchase shares, from time to time as conditions allow, on the open market or in negotiated private transactions.

Scholastic Corporation Announced Fourth Quarter Dividend

Submitted by Gina Asprocolas on Wed, 03/21/2018 - 09:51.

New York – March 21, 2018 – 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 fourth quarter of fiscal 2018. The dividend is payable on June 15, 2018 to all shareholders of record as of the close of business on April 30, 2018.

Scholastic Corporation Announces Date for Third Quarter Fiscal 2018 Earnings Release and Teleconference

Submitted by Gina Asprocolas on Wed, 03/14/2018 - 12:10.

New York, NY—March 14, 2018—Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its third quarter fiscal year 2018 earnings release:

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