Corporate News

Scholastic Announces Key Leadership Transitions

 President of International Beth Polcari Named President of Education Solutions, Succeeding Rose Else-Mitchell

 Chief Financial Officer Ken Cleary to Transition to President of International, Upon Completion of Current Executive Search Process

Scholastic Reports Fourth Quarter and Fiscal 2023 Results

Fourth Quarter Operating Income Up 40% Driven by Improved Results in All Segments

Fiscal 2023 Results Meet or Exceed Company’s Revised Guidance

Board Approves $100 Million Increase in Share Repurchase Authorization, After Company Returns Over $160 Million to Shareholders in Fiscal Year

Scholastic Corporation Announces First Quarter Dividend

New York, NYJuly 19, 2023 – Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company’s Class A and Common Stock for the first quarter of fiscal 2024. The dividend is payable on September 15, 2023, to all shareholders of record as of the close of business on August 31, 2023. 

Scholastic Corporation Announces Date for Fourth Quarter and Fiscal 2023 Earnings Release and Conference Call

New York, NY  July 13, 2023  Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and conference call information for its fourth quarter and fiscal year 2023 earnings announcement:

The Scholastic Kids & Family Reading Report™ Data Shows Positive Connection Between Mental Health and Literacy

Contact: Alexandra Wladich, awladich@scholastic.com 

NEW DATA FROM THE SCHOLASTIC KIDS & FAMILY READING REPORT™: 8TH EDITION STRENGTHENS EVIDENCE FOR POSITIVE CONNECTION BETWEEN MENTAL HEALTH OF KIDS AND LITERACY

Scholastic to Publish “We Dream a World” by Yolanda Renee King

Scholastic to Publish “We Dream a World” by Yolanda Renee King: A Stirring Picture Book Tribute to Coretta Scott King and Martin Luther King, Jr. Authored by Their Only Grandchild

 “Spread the Word, Have You Heard? We Are Going to Be a Great Generation!” 

TheaterWorksUSA Announces the Cast and Creative team of The World Premiere of CAT KID COMIC CLUB: THE MUSICAL

 As TWUSA’s 2023 Family Summer Theater

 At The Lucille Lortel Theatre July 21- August 27, 2023

Opening night is July 30 at 3 PM 

Scholastic Entertainment Grows Media Licensing with Program Launches for Stillwater & Eva The Owlet; Clifford Program Expansion

Media Contact: Allyson Barkan, abarkan@scholastic.com

 SCHOLASTIC ENTERTAINMENT GROWS MEDIA LICENSING WITH THE LAUNCH OF BRAND-NEW PROGRAMS FOR MAJOR PROPERTIES STILLWATER AND EVA THE OWLET AND EXPANSION FOR CLIFFORD THE BIG RED DOG

 Programs for Eva the Owlet, Stillwater, and Clifford the Big Red Dog® Actively Seeking Licensees in All Categories for Boys and Girls Ages Ranging from 2 to 8 

Scholastic Art & Writing Awards Marks 100 Years of Celebrating Young Artists and Writers

 Alumni Achievement Award Recipients Joyce Carol Oates and Tracy Reese, and More Than 2,000 National Medalists from Across the Country were Honored during the 2023 National Ceremony at Carnegie Hall on June 8

New York Life Recognized with Alliance for Young Artists & Writers’ Leadership Award

Governor’s Early Literacy Foundation Delivers 1.2M Books to TN Students & Teachers Over the Summer

 Governor’s Early Literacy Foundation, in collaboration with Scholastic, expands its K-3 Home Library program to benefit all rising 1st, 2nd and 3rd grade students, media specialists and librarians statewide

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