Scholastic Corp (SCHL) Misses Q2 EPS by 23c, Revenues Miss
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Scholastic Reports Fiscal 2021 Second Quarter Results
December 17, 2020 4:01 PM ESTNEW YORK, Dec. 17, 2020 /PRNewswire/ --Â Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal second quarter ended November 30, 2020. Scholastic's school-based distribution channels, particularly its book fairs businesses in the U.S., U.K. and Canada, continued to see significant pressure on revenues due to COVID-impacted delays in school openings and disruptions in school instruction patterns and schedules in the Company's important back-to-school second quarter. Scholastic's other major businesses performed well and showed significant improvements in operating income year-over-year.Â
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