Scholastic Reports Fiscal 2022 First Quarter Results

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Go back to Scholastic Reports Fiscal 2022 First Quarter Results

Scholastic Corp (SCHL) Reports Q1 Loss of $0.79/sh

September 23, 2021 4:04 PM EDT

Scholastic Corp (NASDAQ: SCHL) reported Q1 EPS of ($0.79), versus ($0.90) reported last year. Revenue for the quarter came in at $259.8 million, versus $215.2 million reported last year.

Fiscal 2022 Outlook

The Company is currently experiencing strong demand for its products and programs as schools begin to re-open this fall with rising book club sponsorship and increased book fair bookings and expects sequential improvements in its school-based distribution channels in each quarter of the current fiscal year.... More