fiscal 2010 earnings

Scholastic Announces Fiscal 2010 Results and Fiscal 2011 Outlook


Exceeds fiscal 2010 guidance, achieves margin goal
Strong education results and cost controls drive higher profitability


New York — July 22, 2010 — Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported significantly higher earnings and free cash flow for the fiscal year ended May 31, 2010, exceeding its previous guidance. The Company also provided its fiscal 2011 plan focused on digital expansion and sustained cost and cash discipline.

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