SCHL Scholastic Corporation featured news, full reports, and detailed charts
Scholastic Corporation (SCHL) Wrap Up:
Scholastic Corporation (the “Corporation” and together with its subsidiaries, “Scholastic” or the “Company”) is a global children’s publishing, education and media company. Since its founding in 1920, Scholastic has emphasized quality products and a dedication to reading and learning. The Company is the world’s largest publisher and distributor of children’s books and a leading developer of educational technology products. Scholastic also creates quality educational and entertainment materials and products for use in school and at home, including magazines, children’s reference and non-fiction materials, teacher materials, television programming, film, videos and toys. The Company is a leading operator of school-based book clubs and book fairs and continuity programs in the United States. It distributes its products and services through these proprietary channels, as well as directly to schools and libraries, through retail stores and the internet. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f07%2f30%2f0000930413-07-006318.html#FIS_BUSINESS"www.scholastic.com
7,600 Employees
Founded in 1920
Scholastic Corporation (SCHL:NASDAQ)
LAST $26.40 USD
CHANGE TODAY -0.17 -0.64%
VOLUME 128.4K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Scholastic Corporation (SCHL)
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OPEN
$26.27
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PREVIOUS CLOSE
$26.57
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DAY HIGH
$26.52
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DAY LOW
$26.13
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52 WEEK HIGH
11/18/09 - $26.90
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52 WEEK LOW
03/9/09 - $9.29
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MARKET CAP
961.9M
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AVERAGE VOLUME 3 mo
130.6K
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DILUTED EPS TTM
$0.78
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SHARES OUTSTANDING
36.4M
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EX-DATE
10/28/09
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P/E TTM
34.1x
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DIVIDEND
$0.30
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DIVIDEND YIELD
1.14%
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| K = Thousands M = Millions B = Billions | ||
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SCHL Top Compensated Officers
Mr. Richard Robinson
Chairman, Chief Executive Officer, President ...
Age: 72
Total Annual Compensation: $870.0K
Ms. Maureen E. OConnell
Chief Administrative Officer, Chief Financial...
Age: 47
Total Annual Compensation: $681.7K
Ms. Margery W. Mayer
Executive Vice President and President of Sch...
Age: 57
Total Annual Compensation: $618.0K
Ms. Deborah A. Forte
Executive Vice President and President of Sch...
Age: 55
Total Annual Compensation: $616.3K
Ms. Judith A. Newman
Executive Vice President and President of Boo...
Age: 51
Total Annual Compensation: $612.1K
Executives, Board Directors
Compensation as of Fiscal Year 2009.
Key developments for Scholastic Corporation (SCHL)
Scholastic Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended August 31, 2009; Reaffirms Earnings Guidance for the Year of Fiscal 2010
09/24/2009
Scholastic Corporation reported unaudited consolidated earnings results for the first quarter ended August 31, 2009. For the quarter, the company reported net loss of $23.0 million or $0.63 per diluted share on revenues of $315.6 million compared to net loss of $49.1 million or $1.30 per diluted share on revenues of $276.4 million for the same period a year ago. The company reported operating loss of $35.3 million, loss from continuing operations before income taxes of $38.3 million and loss from continuing operations of $24.6 million or $0.68 per diluted share compared to operating loss of $62.3 million, loss from continuing operations before income taxes of $68.2 million and loss from continuing operations of $42.9 million or $1.13 per diluted share for the same period a year ago. Net cash used by operating activities was $58.3 million and additions to property, plant and equipment was $8.5 million compared to net cash used by operating activities was $141.0 million and additions to property, plant and equipment was $9.8 million for the same period a year ago. Stronger results reflected higher sales of educational technology to schools and of children's books in retail channels during the quarter. Scholastic typically records a seasonal loss in the fiscal first quarter, when the company's School Book Fairs and Book Clubs generate minimal revenue. Net debt at quarter end was $236.4 million, compared to $400.7 million a year ago. The company reaffirmed earnings guidance for the year of fiscal 2010. The company affirmed its outlook for fiscal 2010 earnings per diluted share from continuing operations of $1.80 to $2.30. This guidance excludes severance and other one-time cash and non-cash expenses associated with anticipated cost reductions. Free cash flow continues to be forecast at $90 million to $120 million.
Scholastic Corporation expected to Report Q2 2010 Results on December 14, 2009. This event was calculated by Capital IQ (Created on September 24, 2009).
09/24/2009
Scholastic Corporation expected to Report Q2 2010 Results on December 14, 2009. This event was calculated by Capital IQ (Created on September 24, 2009).
Scholastic Corporation Reaffirms Earnings Guidance for the Full Year of Fiscal 2010
09/24/2009
Scholastic Corporation reaffirms earnings guidance for the full year of fiscal 2010. The company expects to achieve its goal of $30 million to $70 million increase in operating income to a total of $140 million to $180 million for the full year 2010.
SCHL Competitors
| Company | Last | Change |
| American Greetings Corp | $21.63 USD | -0.11 |
| Career Education Corp | $24.85 USD | -0.25 |
| DeVry Inc | $54.03 USD | -0.01 |
| John Wiley and Sons Inc | $37.26 USD | -0.06 |
| The McClatchy Co | $2.98 USD | -0.13 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SCHL | Industry Range |
| Price/Earnings | 31.0x |
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| Price/Sales | 0.5x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 13.5x |
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| TEV/Sales | 0.3x |
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SCHL |
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SCHL transactions
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| No transactions in the last 6 months. | ||
More Recent News About Scholastic Corporation
More news for SCHL
Whoopi Goldberg Returns as Host of The 39 Clues(TM) Live Webcast on November 2, 2009
NEW YORK, NY--(Marketwire - 10/14/09) - Scholastic (NASDAQ:SCHL - News) invites kids and schools around the world to participate in The 39 Clues(TM) live webcast on November 2, 2009, at 1:30 P.M. EST, hosted by award-winning actor and children's book author Whoopi Goldberg. During the one-hour "The 39 Clues: Advanced Agent Training" webcast, Ms. Goldberg will engage in a dialog with the authors of the bestselling multi-media series -- Rick Riordan, Gordon Korman, Peter Lerangis, Jude Watson, and Patrick Carman -- and will challenge kids and classrooms on the following core skills: critical thinking, research, deductive reasoning, geography, history, and math. Kids can participate throughout the webcast, posting their answers to the challenges and seeing how they stack up against other participants in the audience and worldwide. For more information and to find out how to participate in this fun, interactive webcast, log on to ...Click here to read the whole Article (external link)
Communispace and Scholastic Book Clubs Win Prestigious Social Media Award for Engaging Customers in Innovation
BOSTON, Oct. 28 /PRNewswire/ -- Communispace, creator of online customer insight and innovation communities for some of the world's leading brands, and its client Scholastic Book Clubs were awarded a 2009 Forrester Groundswell Award in the Business-to-Consumer (B2C) Embracing category. The Forrester Groundswell Awards recognize excellence in achieving business and organization goals with social technology applications. In this collaboration, Communispace and Scholastic Book Clubs created a private customer community to help make the popular Scholastic Book Clubs flyers even better. This community, consisting of 200 teachers and 100 parents of children in grades K-6, helped Scholastic understand how the two groups think about book selection, which elements they find to be the most important and how they match children with the right books. The insights and ideas given directly by customers to Scholastic allowed the company to be confident and quick in making carefully-cons...Click here to read the whole Article (external link)
The New York Times UPFRONT(R) Asks Teens: What Are the Top Ten News Stories of 2009?
NEW YORK, NY--(Marketwire - 10/26/09) - The New York Times UPFRONT�, the leading teen magazine covering national news edited and published by Scholastic in conjunction with The New York Times, announces its 10th Anniversary Video Contest. UPFRONT is inviting junior high and high school students from across the country to create a video up to 3 minutes long showing what they think are the Top 10 News Stories of 2009. One video will receive the Grand Prize: a bundle of products customized for the winning classroom, plus a year-long classroom subscription to Upfront. Nine runners-up will each win a year-long classroom subscription to Upfront, and all 10 winning videos will be featured on the Scholastic Teens channel on YouTube (www.youtube.com/scholasticteens). Videos will be judged on accuracy, creativity and persuasiveness. Entries must be received by December 14, 2009. Winners will be announced in late December.Go to ...Click here to read the whole Article (external link)
First Wilshire Securities Picks Deep Value Stocks: Educational Book Publisher Of "Everyone Poops" One Of Their Top Picks
67 WALL STREET, New York - November 5, 2009 - The Wall Street Transcript has just published its TWST Small Cap Value Report offering a timely review of the sector to serious investors and industry executives. This 47 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Small-Cap Value - Capital Preservation - Sovereign Bonds - Precious Metals - Value-Investing - Companies with International Exposure - US-listed Chinese Companies - Risk Limitation - Industry-Diversified Portfolios - Long-Term Value - Micro-Cap Companies - Turnaround Situations - Strategic Buying - Fundamental Analysis Companies include: Bridgepoint Education (BPI); Compass Minerals (CMP); Flexsteel (FLXS); Hardinge Corp (HDNG); Phillips-Van Heusen (PVH); Adobe (ADB); Affiliated Computer Services (ACS); Alliance Data Systems (ADS); American Water Works (AWK); Atlantic Tele-Network (ATNI); Celanese Chemical (CE); CenturyTel (CTL); Clean Energy Fuels (CLNE); Consolidated Graphics (CGX); Dell (DELL); Dillard's Department Stores (DDS); Drew Industries (DW); Educational Development Corporation (EDUC); First Acceptance Corp (FAC); Forestar Group (FOR); Fresh Del Monte (FDP); Hain Celestial (HAIN); Harbin Electric (HRBN); Huron Consulting (HURN); IMAX (IMAX); IMS Health (RX); Kennametal (KMT); Lamar Advertising (LAMR); NBTY (NTY); Nature's Sunshine Products (NATR); Nobility Homes (NOBH); Omniture, Inc. (OMTR); Perot Systems (PER); Pfizer (PFE); SPDR Barcla...Click here to read the whole Article (external link)
What Works Clearinghouse Confirms Scholastic READ 180 Works
NEW YORK, NY--(Marketwire - 10/28/09) - (NASDAQ:SCHL - News) -- The What Works Clearinghouse (WWC), our nation's watchdog for effective educational research, has completed its review of the evidence on READ 180�, a reading intervention program from Scholastic. The WWC concludes that the extent of evidence for READ 180 is "medium to large for comprehension and medium to large for general literacy achievement." Seven READ 180 studies that involved more than 10,000 students ranging from grades 4 to 9, met the rigorous What Works Clearinghouse evidence standards, leading the WWC to confirm the evidence that the adolescent literacy program has an impact on student comprehension and general literacy achievement. The appellation "with reservations," was applied to the findings, as defined on the ...Click here to read the whole Article (external link)
This Just in -- New Kid Reporters Join the Scholastic Kids Press Corps
NEW YORK, NY--(Marketwire - 11/10/09) - Today Scholastic (NASDAQ:SCHL - News), the global children's publishing, education and media company, announced 37 new members to the Scholastic Kids Press Corps(TM), a diverse group of student reporters ages 10-14, who cover current events, breaking news, entertainment, and sports from their hometowns across the country. With returning reporters, this brings the full Kids Press Corps to 54 reporters nationwide. The Kid Reporters' articles offer a unique, kid's perspective on the news of the day and will be published on the Scholastic Kids Press Corps site and will occasionally report for Scholastic News� classroom magazines. The site (www.scholastic.com/kidspress) offers the only online resou...Click here to read the whole Article (external link)
Scholastic Names Thomas P. Burke, Senior Vice President, E-Commerce
NEW YORK, NY--(Marketwire - 11/09/09) - Scholastic Corporation (NASDAQ:SCHL - News), the global children's publishing, education and media company, today announced that Thomas P. Burke has joined the company as Senior Vice President, E-Commerce. A seasoned e-commerce leader, Burke joins Scholastic from bn.com, the e-commerce division of Barnes & Noble, Inc. where for five years he managed a team of more than 70 professionals and was responsible for merchandising, online marketing, customer experience, design and editorial content for its $475 million online business. He has also been an innovator and a pioneer in online services and consumer marketing at Discovery Channel and Prodigy Services Company. In his new role, Burke will be responsible for the strategic direction and growth of Scholastic's robust e-commerce operation on Scholastic.com, the fifth largest revenue site in the "books, films and music category" and the second largest revenue site for books, according to Internet Retailer. Burke will report to Scholastic Executive Vice President and President of Scholastic Book Clubs and ...Click here to read the whole Article (external link)
Census Turns to Kids for Help
By MIRIAM JORDAN LOS ANGELES -- The U.S. Census Bureau is recruiting a new set of volunteers: kids. Seeking to ensure strong participation in the decennial population count, especially in so-called hard-to-count neighborhoods, the bureau has decided children are key. That has led it to settings like Arlene Paynes's first-grade class at Union Avenue Elementary School in this immigrant enclave on the edge of downtown. Last Thursday, the class gathered to read aloud a story titled "Who Counts?" They learned about a boy named Joey who helps his grandmother, an Italian immigrant, fill out the Census form that arrives in the mail. The grandmother and grandchild decide that those who "count" in their household are Grandma, Mom, Dad, Joey, little sister Mary -- and even Mr. Macintosh, who occupies a spare room "until he finds a job." The only one who doesn't count: their cat Clover. It is always a struggle to get everyone to participate, but the 2010 count is expected to present new challenges. The gloomy economy has forced many people to move or seek temporary residence with friends or family, making them harder to reach. And the U.S. is still absorbing the largest wave of immigrants since the beginning of the 20th century. Many aren't native English speakers; more than 10 million are here illegally. The bureau is rolling out initiatives here and in other hard-to-reach tracts. It is running an information campaign in Spanish-language media, sending representatives to operate booths at street fairs and distributing forms in more languages than ever. Early next year, households nationwide will begin receiving a form with 10 questions. It's shorter than in the past, according to Census officials, and should take only 10 minutes to complete. "Making children part of the national conversation," said Renee Jefferson-Copland, chief of the...Click here to read the whole Article (external link)
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