Scholastic Corp (SCHL) Reports Q2 Loss of $1.33; Reaffirms

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Go back to Scholastic Corp (SCHL) Reports Q2 Loss of $1.33; Reaffirms

SCHOLASTIC REPORTS FISCAL 2023 FIRST QUARTER RESULTS AND AFFIRMS FULL-YEAR GUIDANCE

September 22, 2022 4:01 PM EDT

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal first quarter ended August 31, 2022. First quarter results were on plan, reflecting strategic investments in Education Solutions and a return to more normal seasonality for the summer when schools are not in session and the business typically generates an operating loss. Accordingly, the Company affirmed its previous guidance for fiscal year 2023.

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