Corporate News
Scholastic Book Clubs’ ClassroomsCare Teaches Kids the Value of Reading and Giving Back—to the Charities of Their Choice.
NEW YORK, NY — Aug. 27, 2008 — Each fall, millions of kids nationwide read their hearts out. Through the Scholastic Book Clubs’ ClassroomsCare program, participating classrooms are asked to read 100 books, and, in turn, Scholastic Book Clubs donates up to 1 million new books to kids in need. And this year, the program has gone to a whole new level.
Scholastic Kid Reporters Cover Democratic National Convention in Denver and Republican National Convention in St. Paul
Calling All First-Time Harry Potter Readers and Long-Time Fans
Celebrate the 10th Anniversary of Harry Potter and the Sorcerer's Stone with an All Day Read-a-Thon Webcast Live at www.scholastic.com/ReadHarry On September 23
“Harry Potter Cover to Cover Day” Invites Fans to Sit In the Throne Used by J.K. Rowling at Carnegie Hall and Read From the Book That Started it All
Calling All First-Time Harry Potter Readers and Long-Time Fans!
Scholastic News Announces New Election Games, Activities for Kids, Free Lesson Plans for Teachers
Scholastic Announces Sale of Direct-To-Home Continuities Business
New York — August 7, 2008 — Scholastic Corporation (NASDAQ: SCHL) today announced that it has entered into a definitive agreement with Sandvik AS to purchase its U.S. direct-to-home continuities business. Sandvik AS is a Norway-based, family-owned company whose primary line of business is operating consumer-direct, age-appropriate children’s book clubs, using email and the Internet to reach their target audience of parents with children up to age seven. Scholastic expects to close the sale in the first quarter of fiscal year 2009.
J.K. Rowling’s Children’s Charity to Publish “The Tales of Beedle the Bard” on December 4, 2008
Scholastic Education Releases Upgraded, New Editions of WiggleWorks, Proven Early Reading Technology
NEW YORK, N.Y. — July 29, 2008 — WiggleWorks®, the technology-based early reading program from Scholastic Education used extensively in Pre-K-3 classrooms for 14 years, has been re-released with new content and powerful technology upgrades.
The Holidays are Timeless with Slinky, Colorforms, and Other Favorite Classic Toys
Scholastic Announces Fiscal 2008 Results and Fiscal 2009 Outlook
Fiscal 2008 Earnings from Continuing Operations per Diluted Share of $2.82 for Year, $0.75 for Fourth Quarter
Record Free Cash Flow of $188 Million Exceeds Expectations
Initiates Regular Quarterly Dividend
