{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T13:08:19.343890+00:00","company":{"ticker":"SCHL","cik":866729,"company_name":"SCHOLASTIC CORP"},"pagination":{"limit":100,"returned":31,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"ESRT 555-557 Broadway, L.L.C.","detail":"asset_purchase","count":1,"first_seen":"2025-12-05T23:59:59+00:00","last_seen":"2025-12-05T23:59:59+00:00","evidence_fact_ids":[139945]},{"display_name":"FNLR Fortuna Major LLC","detail":"asset_purchase","count":1,"first_seen":"2025-12-05T23:59:59+00:00","last_seen":"2025-12-05T23:59:59+00:00","evidence_fact_ids":[139946]},{"display_name":"Niagara Investments, Ltd., ZMC Niagara Investment, Ltd., ZMC Niagara Investment, L.P., Fansea Investments Ltd., UXL Investment Management Corporation, Commisso Trust, Vince Commisso, 2424886 Ontario Limited, Moon Shadow Inc., Jarosz Trust, Steven Jarosz, Tzia Limited, Natalie Osbor","detail":"equity_purchase","count":1,"first_seen":"2024-03-12T23:59:59+00:00","last_seen":"2024-03-12T23:59:59+00:00","evidence_fact_ids":[68386]},{"display_name":"the lenders, Truist Bank, Wells Fargo Bank, National Association, and Bank of America, N.A.","detail":"credit_facility","count":1,"first_seen":"2023-02-28T23:59:59+00:00","last_seen":"2023-02-28T23:59:59+00:00","evidence_fact_ids":[176149]}],"lender":[{"display_name":"ESRT 555-557 Broadway, L.L.C.","detail":"lease_obligation","count":1,"first_seen":"2025-12-05T23:59:59+00:00","last_seen":"2025-12-05T23:59:59+00:00","evidence_fact_ids":[37096]}],"ma_counterparty":[{"display_name":"ESRT 555-557 Broadway, L.L.C.","detail":"disposition","count":1,"first_seen":"2025-12-18T23:59:59+00:00","last_seen":"2025-12-18T23:59:59+00:00","evidence_fact_ids":[25814]},{"display_name":"FNLR Fortuna Major LLC","detail":"disposition","count":1,"first_seen":"2025-12-18T23:59:59+00:00","last_seen":"2025-12-18T23:59:59+00:00","evidence_fact_ids":[25815]}]},"facts":[{"fact_type":"earnings_release","fact_key":"d57251b17862b233a0a91de9211f4a8f9035761a","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2026-03-19T23:59:59+00:00","payload":{"eps_text":"$2.55","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the Company’s fiscal third quarter ended February 28, 2026","report_date":"2026-03-19","result_type":"reported_results","revenue_text":"$329.1 million"},"claim":"SCHOLASTIC CORP reported the Company’s fiscal third quarter ended February 28, 2026 results: revenue $329.1 million, EPS $2.55. Guidance reaffirmed.","evidence_excerpt":"tables attached (1) Operating income and Adjusted EBITDA include a $3.0 and $6.7 impact related to the sale-leaseback transactions, respectively. Revenues decreased 2% to $329.1 million, primarily reflecting lower revenues in the Children’s Book Publishing and Distribution and International segment due to the timing of publishing releases compared to the prior","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000866729-26-000007","anchor_url":"https://secwatch.observer/filing/0000866729-26-000007#claim-d57251b17862b233a0a91de9211f4a8f9035761a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672926000007/0000866729-26-000007-index.htm"},{"fact_type":"ma_transaction","fact_key":"4f7ba03f6336407738404867eed20eef46b97cc3","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-12-18T23:59:59+00:00","payload":{"action":"disposition","closing_date":"2025-12-17","consideration_text":"$481 in total proceeds","counterparty":"FNLR Fortuna Major LLC","effective_date":"2025-12-17","item_codes_triggered":["2.01"]},"claim":"SCHOLASTIC CORP completed a disposition involving FNLR Fortuna Major LLC for $481 in total proceeds (closed 2025-12-17).","evidence_excerpt":"Major LLC (Jefferson City Purchase Agreement). As noted in the press release attached as Exhibit 99.1 to this report on Form 8-K, the two sale leaseback transactions generated $481 in total proceeds, with estimated net proceeds (after taxes, fees and other transaction related expenses) estimated to be $401 million. The foregoing descriptions are not intended","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-324788","anchor_url":"https://secwatch.observer/filing/0001193125-25-324788#claim-4f7ba03f6336407738404867eed20eef46b97cc3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312525324788/0001193125-25-324788-index.htm"},{"fact_type":"ma_transaction","fact_key":"7d403b87cf56e1f2e624676a7aad0516d3c3557e","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-12-18T23:59:59+00:00","payload":{"action":"disposition","closing_date":"2025-12-17","consideration_text":"$481 in total proceeds","counterparty":"ESRT 555-557 Broadway, L.L.C.","effective_date":"2025-12-17","item_codes_triggered":["2.01"]},"claim":"SCHOLASTIC CORP completed a disposition involving ESRT 555-557 Broadway, L.L.C. for $481 in total proceeds (closed 2025-12-17).","evidence_excerpt":"Major LLC (Jefferson City Purchase Agreement). As noted in the press release attached as Exhibit 99.1 to this report on Form 8-K, the two sale leaseback transactions generated $481 in total proceeds, with estimated net proceeds (after taxes, fees and other transaction related expenses) estimated to be $401 million. The foregoing descriptions are not intended","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-324788","anchor_url":"https://secwatch.observer/filing/0001193125-25-324788#claim-7d403b87cf56e1f2e624676a7aad0516d3c3557e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312525324788/0001193125-25-324788-index.htm"},{"fact_type":"material_agreement","fact_key":"d6205749b85363d6b53f13f02a17dd76c500cb7b","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-12-05T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Jefferson City Purchase Agreement","agreement_type":"asset_purchase","counterparty":"FNLR Fortuna Major LLC","effective_date":"2025-12-01","item_codes_triggered":["1.01"],"value_text":"$94,970,000"},"claim":"SCHOLASTIC CORP entered into Jefferson City Purchase Agreement with FNLR Fortuna Major LLC valued at $94,970,000 (effective 2025-12-01).","evidence_excerpt":"On December 1, 2025, Scholastic entered into a Contract of Purchase and Sale (the “Jefferson City Purchase Agreement”) with FNLR Fortuna Major LLC (“FNLR”), an affiliate of Fortress Investment Group LLC, pursuant to which Scholastic agreed to sell certain real property and improvements located at 6336 Algoa Road, Jefferson City, Missouri (the “Algoa Road Property”), 2931 East McCarty Street, Jefferson City, Missouri (the “East McCarty Street Property”) and 3030 Robinson Road, Jefferson City, Missouri (the “Robinson Road Property,” and, together with the Algoa Road Property and the East McCarty Street Property, collectively, the “Jefferson City Property”) to FNLR for a total purchase price of $94,970,000 (the “Jefferson City Sale-Leaseback Transaction”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-309611","anchor_url":"https://secwatch.observer/filing/0001193125-25-309611#claim-d6205749b85363d6b53f13f02a17dd76c500cb7b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312525309611/0001193125-25-309611-index.htm"},{"fact_type":"material_agreement","fact_key":"6dfc6805e3a10ae3eb607ffdecdf79c387650183","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-12-05T23:59:59+00:00","payload":{"action":"entry","agreement_name":"SoHo Purchase Agreement","agreement_type":"asset_purchase","counterparty":"ESRT 555-557 Broadway, L.L.C.","effective_date":"2025-12-01","item_codes_triggered":["1.01"],"value_text":"$386,000,000"},"claim":"SCHOLASTIC CORP entered into SoHo Purchase Agreement with ESRT 555-557 Broadway, L.L.C. valued at $386,000,000 (effective 2025-12-01).","evidence_excerpt":"On December 1, 2025, Scholastic 557 Broadway, L.L.C. (“Scholastic SoHo”) entered into a Contract of Purchase and Sale (the “SoHo Purchase Agreement”) with ESRT 555-557 Broadway, L.L.C. (“ESRT”), an affiliate of Empire State Realty Trust, Inc., pursuant to which Scholastic SoHo agreed to sell the real property and building thereon (the “SoHo Building”) located at 555-557 Broadway, New York, New York 10012 (the “SoHo Property”) to ESRT for a purchase price of $386,000,000 (the “SoHo Sale-Leaseback Transaction”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-309611","anchor_url":"https://secwatch.observer/filing/0001193125-25-309611#claim-6dfc6805e3a10ae3eb607ffdecdf79c387650183","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312525309611/0001193125-25-309611-index.htm"},{"fact_type":"debt_financing","fact_key":"fe2782487046e2a0baf38be7d80dd01f948b9aa1","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-12-05T23:59:59+00:00","payload":{"counterparty":"ESRT 555-557 Broadway, L.L.C.","effective_date":"2025-12-16","event":"off_balance_sheet","instrument_type":"lease_obligation","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"fifteen (15) years, with two (2) renewal options of ten (10) years each","principal_text":"$333,059,306.47"},"claim":"SCHOLASTIC CORP entered an off-balance-sheet arrangement for lease obligation of $333,059,306.47 with ESRT 555-557 Broadway, L.L.C. maturing fifteen (15) years, with two (2) renewal options of ten (10) years each.","evidence_excerpt":"(“Scholastic SoHo”) entered into a Contract of Purchase and Sale (the “SoHo Purchase Agreement”) with ESRT 555-557 Broadway, L.L.C. (“ESRT”), an affiliate of Empire State Realty Trust, Inc., pursuant to which Scholastic SoHo agreed to sell the real property and building thereon (the “SoHo Building”) located at 555-557 Broadway, New York, New York 10012 (the “SoHo Property”) to ESRT for a purchase price of $386,000,000 (the “SoHo Sale-Leaseback Transaction”).","confidence":0.6,"filing_url":"https://secwatch.observer/filing/0001193125-25-309611","anchor_url":"https://secwatch.observer/filing/0001193125-25-309611#claim-fe2782487046e2a0baf38be7d80dd01f948b9aa1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312525309611/0001193125-25-309611-index.htm"},{"fact_type":"executive_change","fact_key":"9e5c33bd2a","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-06-23T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2025-09-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"John L. Davies retired as Director at SCHOLASTIC CORP.","evidence_excerpt":"Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-088712","anchor_url":"https://secwatch.observer/filing/0000950170-25-088712#claim-9e5c33bd2a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017025088712/0000950170-25-088712-index.htm"},{"fact_type":"executive_change","fact_key":"30787a9bdd","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-06-23T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2025-09-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"David Young retired as Director at SCHOLASTIC CORP.","evidence_excerpt":"Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-088712","anchor_url":"https://secwatch.observer/filing/0000950170-25-088712#claim-30787a9bdd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017025088712/0000950170-25-088712-index.htm"},{"fact_type":"executive_change","fact_key":"3ba330f635","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-05-27T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-01","interim":false,"role":"Executive Vice President, General Counsel and Secretary","role_category":"general_counsel","successor_name":null,"successor_named":false},"claim":"Chris Lick was appointed as Executive Vice President, General Counsel and Secretary at SCHOLASTIC CORP.","evidence_excerpt":"appointed Chris Lick, presently Deputy General Counsel of the Company, as Executive Vice President, General Counsel and Secretary succeeding Mr. Hedden, effective June 1, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-077753","anchor_url":"https://secwatch.observer/filing/0000950170-25-077753#claim-3ba330f635","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017025077753/0000950170-25-077753-index.htm"},{"fact_type":"executive_change","fact_key":"59277c9d0b","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2025-05-27T23:59:59+00:00","payload":{"action":"retirement","action_category":"departure","departure_tone":"retirement","effective_date":"2025-05-31","interim":false,"role":"Executive Vice President, General Counsel, and Secretary","role_category":"general_counsel","successor_name":"Chris Lick","successor_named":true},"claim":"Andrew S. Hedden departed as Executive Vice President, General Counsel, and Secretary at SCHOLASTIC CORP.","evidence_excerpt":"accepted the retirement of Andrew S. Hedden, a named executive officer of the Company, from his positions as Executive Vice President, General Counsel, and Secretary of the Company effective May 31, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-077753","anchor_url":"https://secwatch.observer/filing/0000950170-25-077753#claim-59277c9d0b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017025077753/0000950170-25-077753-index.htm"},{"fact_type":"governance_change","fact_key":"e054f73e8499ea8ca379cb85ea4324c62dcff936","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2024-05-15T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2024-05-15","item_codes_triggered":["5.03"],"summary_text":"Amended Article III, Section 6 of the By-laws to conform director removal provisions with Delaware law, requiring a majority vote of all shares voting together as a single class to remove a director for cause."},"claim":"SCHOLASTIC CORP: Amended Article III, Section 6 of the By-laws to conform director removal provisions with Delaware law, requiring a majority vote of all shares voting together as a single class to remove a director for cause (effective 2024-05-15).","evidence_excerpt":"On May 15, 2024, the Board of Directors of Scholastic Corporation (the \"Company\") approved the amendment of Article III, Section 6 of the By-laws of the Company (the \"By-law Amendment\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-060391","anchor_url":"https://secwatch.observer/filing/0000950170-24-060391#claim-e054f73e8499ea8ca379cb85ea4324c62dcff936","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017024060391/0000950170-24-060391-index.htm"},{"fact_type":"executive_change","fact_key":"cf8b05cc5c","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2024-03-25T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-03-20","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Kaya Henderson was elected as Director at SCHOLASTIC CORP.","evidence_excerpt":"At its meeting held on March 20, 2024, the Board of Directors elected Alix Guerrier and Kaya Henderson as directors of the Company to fill such vacancies.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000950170-24-035955","anchor_url":"https://secwatch.observer/filing/0000950170-24-035955#claim-cf8b05cc5c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017024035955/0000950170-24-035955-index.htm"},{"fact_type":"executive_change","fact_key":"0e1947e2b7","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2024-03-25T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-03-20","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Alix Guerrier was elected as Director at SCHOLASTIC CORP.","evidence_excerpt":"At its meeting held on March 20, 2024, the Board of Directors elected Alix Guerrier and Kaya Henderson as directors of the Company to fill such vacancies.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000950170-24-035955","anchor_url":"https://secwatch.observer/filing/0000950170-24-035955#claim-0e1947e2b7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000095017024035955/0000950170-24-035955-index.htm"},{"fact_type":"material_agreement","fact_key":"fa80661a70ef74159948cdfc49cc84b9cd31b862","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2024-03-12T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"Niagara Investments, Ltd., ZMC Niagara Investment (Canada), Ltd., ZMC Niagara Investment (Cayman), L.P., Fansea Investments Ltd., UXL Investment Management Corporation, Commisso Trust, Vince Commisso, 2424886 Ontario Limited, Moon Shadow Inc., Jarosz Trust, Steven Jarosz, Tzia Limited, Natalie Osbor","effective_date":"2024-03-11","item_codes_triggered":["1.01"],"value_text":"CAD 250 million (approximately $186 million at current exchange rate)"},"claim":"SCHOLASTIC CORP entered into Securities Purchase Agreement with Niagara Investments, Ltd., ZMC Niagara Investment (Canada), Ltd., ZMC Niagara Investment (Cayman), L.P., Fansea Investments Ltd., UXL Investment Management Corporation, Commisso Trust, Vince Commisso, 2424886 Ontario Limited, Moon Shadow Inc., Jarosz Trust, Steven Jarosz, Tzia Limited, Natalie Osbor valued at CAD 250 million (approximately $186 million at current exchange rate) (effective 2024-03-11).","evidence_excerpt":"On March 11, 2024, Scholastic Corporation (the “ Company ”) through 1000815816 Ontario Inc., a corporation organized and existing under the corporate laws of the Province of Ontario, Canada (the “ Purchaser ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) to acquire, indirectly, all of the economic interests in the form of non-voting shares and 25% of the voting shares in 9 Story Media Group Inc.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-066012","anchor_url":"https://secwatch.observer/filing/0001193125-24-066012#claim-fa80661a70ef74159948cdfc49cc84b9cd31b862","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312524066012/0001193125-24-066012-index.htm"},{"fact_type":"executive_change","fact_key":"68a7f6586d","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2024-01-08T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-22","interim":false,"role":"Executive Vice President & Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Haji L. Glover was appointed as Executive Vice President & Chief Financial Officer at SCHOLASTIC CORP.","evidence_excerpt":"At its meeting held on December 13, 2023, the Company’s Board of Directors appointed Mr. Glover as the Company’s new Executive Vice President & Chief Financial Officer, effective January 22, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-003942","anchor_url":"https://secwatch.observer/filing/0001193125-24-003942#claim-68a7f6586d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312524003942/0001193125-24-003942-index.htm"},{"fact_type":"earnings_release","fact_key":"fea3bec461cf322034ab3547a02ae9b0c2363bbf","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-12-14T23:59:59+00:00","payload":{"eps_text":"$2.45","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fiscal second quarter ended November 30, 2023","report_date":"2023-12-14","result_type":"reported_results","revenue_text":"$562.6 million"},"claim":"SCHOLASTIC CORP reported fiscal second quarter ended November 30, 2023 results: revenue $562.6 million, EPS $2.45. Guidance lowered.","evidence_excerpt":"ex. one-time items * $ 2.45 $ 2.12 $ 0.33 16 % Adjusted EBITDA * $ 124.0 $ 122.3 $ 1.7 1 % * Please refer to the non-GAAP financial tables attached Revenues decreased 4% to $562.6 million, primarily as a result of reduced, more targeted promotional spending and the elimination of unprofitable orders in Book Clubs, as the channel is repositioned to a smaller, more","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000866729-23-000041","anchor_url":"https://secwatch.observer/filing/0000866729-23-000041#claim-fea3bec461cf322034ab3547a02ae9b0c2363bbf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000041/0000866729-23-000041-index.htm"},{"fact_type":"executive_change","fact_key":"73c41c0eba","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-10-05T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"routine","effective_date":null,"interim":false,"role":"President, International","role_category":"president","successor_name":null,"successor_named":false},"claim":"Ken Cleary was appointed as President, International at SCHOLASTIC CORP.","evidence_excerpt":"As previously announced Mr. Cleary will be stepping down as Chief Financial Officer of the Company when his successor has been identified and appointed. Thereafter, Mr. Cleary will be appointed as the Company's President, International and the terms and conditions of his continued employment with the Company in this capacity will be governed by the Agreement.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000866729-23-000037","anchor_url":"https://secwatch.observer/filing/0000866729-23-000037#claim-73c41c0eba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000037/0000866729-23-000037-index.htm"},{"fact_type":"earnings_release","fact_key":"91e2e34630baa1786fccc87aaf189d2972ef84e8","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-09-21T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fiscal first quarter ended August 31, 2023","report_date":"2023-09-21","result_type":"reported_results","revenue_text":"$228.5 million"},"claim":"SCHOLASTIC CORP reported fiscal first quarter ended August 31, 2023 results: revenue $228.5 million. Guidance reaffirmed.","evidence_excerpt":"* $ (91.7) $ (57.9) $ (33.8) (58) % Adjusted EBITDA * $ (70.6) $ (35.6) $ (35.0) (98) % * Please refer to the non-GAAP financial tables attached Revenues decreased 13% to $228.5 million, partly reflecting continued retail softness, which impacted Trade sales in the U.S. and major international markets, as well as the timing and seasonality of sales in Education","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0000866729-23-000025","anchor_url":"https://secwatch.observer/filing/0000866729-23-000025#claim-91e2e34630baa1786fccc87aaf189d2972ef84e8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000025/0000866729-23-000025-index.htm"},{"fact_type":"executive_change","fact_key":"14ca7a8778","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-08-16T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":null,"interim":false,"role":"Executive Vice President and President, International","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Kenneth J. Cleary was appointed as Executive Vice President and President, International at SCHOLASTIC CORP.","evidence_excerpt":"The Company also announced that Kenneth J. Cleary will be resigning from his current position as Chief Financial Officer, at such time as a successor has been identified, in order to become Executive Vice President and President, International.","confidence":0.85,"filing_url":"https://secwatch.observer/filing/0000866729-23-000022","anchor_url":"https://secwatch.observer/filing/0000866729-23-000022#claim-14ca7a8778","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000022/0000866729-23-000022-index.htm"},{"fact_type":"executive_change","fact_key":"054e812437","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-08-16T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-08-16","interim":false,"role":"Executive Vice President and President, Education Solutions","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Elizabeth Polcari was appointed as Executive Vice President and President, Education Solutions at SCHOLASTIC CORP.","evidence_excerpt":"Ms. Elizabeth Polcari, Executive Vice President and President, International has been appointed to succeed Ms. Else-Mitchell.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000866729-23-000022","anchor_url":"https://secwatch.observer/filing/0000866729-23-000022#claim-054e812437","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000022/0000866729-23-000022-index.htm"},{"fact_type":"executive_change","fact_key":"6215bc0e50","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-08-16T23:59:59+00:00","payload":{"action":"leaving","action_category":"departure","departure_tone":"routine","effective_date":"2023-08-16","interim":false,"role":"Executive Vice President and President, Education Solutions","role_category":"other_named_officer","successor_name":"Elizabeth Polcari","successor_named":true},"claim":"Rosamund M. Else-Mitchell departed as Executive Vice President and President, Education Solutions at SCHOLASTIC CORP.","evidence_excerpt":"Ms. Rosamund M. Else-Mitchell will be leaving her position as Executive Vice President and President, Education Solutions effective August 16, 2023 and will be departing from the Company in September to pursue other interests following a transition period to be agreed upon.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000866729-23-000022","anchor_url":"https://secwatch.observer/filing/0000866729-23-000022#claim-6215bc0e50","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000022/0000866729-23-000022-index.htm"},{"fact_type":"earnings_release","fact_key":"81df07951a736c999da9760139855a034864c1ff","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-07-20T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the Company’s fiscal fourth quarter and full year ended May 31, 2023","report_date":"2023-07-20","result_type":"reported_results","revenue_text":null},"claim":"SCHOLASTIC CORP reported financial results for the Company’s fiscal fourth quarter and full year ended May 31, 2023.","evidence_excerpt":"Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported financial results for the Company’s fiscal fourth quarter and full year ended May 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000866729-23-000016","anchor_url":"https://secwatch.observer/filing/0000866729-23-000016#claim-81df07951a736c999da9760139855a034864c1ff","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000016/0000866729-23-000016-index.htm"},{"fact_type":"earnings_release","fact_key":"e74fb6990cc034a05fc3f809c82477bf0d4076e7","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-07-20T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fiscal year ended May 31, 2023","report_date":"2023-07-20","result_type":"reported_results","revenue_text":null},"claim":"SCHOLASTIC CORP reported financial results for the fiscal year ended May 31, 2023.","evidence_excerpt":"On July 20, 2023, Scholastic Corporation (the \"Company\") issued the press release attached hereto as Exhibit 99.1 announcing its results of operations for the fiscal year ended May 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000866729-23-000016","anchor_url":"https://secwatch.observer/filing/0000866729-23-000016#claim-e74fb6990cc034a05fc3f809c82477bf0d4076e7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000016/0000866729-23-000016-index.htm"},{"fact_type":"earnings_release","fact_key":"923a908ea8dc47c964fdf958601b9f40b87d1529","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-03-23T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"its quarter ended February 28, 2023","report_date":"2023-03-23","result_type":"reported_results","revenue_text":"$324.9 million"},"claim":"SCHOLASTIC CORP reported its quarter ended February 28, 2023 results: revenue $324.9 million. Guidance lowered.","evidence_excerpt":"* $ (26.2) $ (17.0) $ (9.2) (54) % Adjusted EBITDA * $ (5.4) $ 5.9 $ (11.3) (192) % * Please refer to the non-GAAP financial tables attached Revenues decreased $19.6 million to $324.9 million, partly reflecting softening retail demand for children’s books, which impacted Trade sales in the U.S. and major international markets. Despite these headwinds, the Children’s","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000866729-23-000006","anchor_url":"https://secwatch.observer/filing/0000866729-23-000006#claim-923a908ea8dc47c964fdf958601b9f40b87d1529","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000006/0000866729-23-000006-index.htm"},{"fact_type":"material_agreement","fact_key":"67d2d13c7d6e419aca01a917e8e6ff5c5bb80cda","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2023-02-28T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First and Second Amendments to its Amended and Restated Credit Agreement","agreement_type":"credit_facility","counterparty":"the lenders, Truist Bank, Wells Fargo Bank, National Association, and Bank of America, N.A.","effective_date":"2023-02-28","item_codes_triggered":["1.01"],"value_text":null},"claim":"SCHOLASTIC CORP amended First and Second Amendments to its Amended and Restated Credit Agreement with the lenders, Truist Bank, Wells Fargo Bank, National Association, and Bank of America, N.A. (effective 2023-02-28).","evidence_excerpt":"On February 28, 2023, Scholastic Corporation (the “Corporation”) and its principal operating subsidiary, Scholastic Inc., as borrowers, entered into the First and Second Amendments to its Amended and Restated Credit Agreement dated as of October 27, 2021 (the “Credit Agreement”) with the lenders from time to time party thereto, Truist Bank and Wells Fargo Bank, National Association, as co-syndication agents and Bank of America, N.A., as administrative agent (collectively the \"Amendments\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000866729-23-000002","anchor_url":"https://secwatch.observer/filing/0000866729-23-000002#claim-67d2d13c7d6e419aca01a917e8e6ff5c5bb80cda","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672923000002/0000866729-23-000002-index.htm"},{"fact_type":"earnings_release","fact_key":"ff3bb5a085ea680ad4fd396b5021703a381866ae","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2022-12-15T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"quarter ended November 30, 2022","report_date":"2022-12-15","result_type":"reported_results","revenue_text":"$587.9 million"},"claim":"SCHOLASTIC CORP reported quarter ended November 30, 2022 results: revenue $587.9 million. Guidance reaffirmed.","evidence_excerpt":"ex. one-times * $ 100.9 $ 83.8 $ 17.1 20 % Adjusted EBITDA * $ 122.3 $ 107.5 $ 14.8 14 % * Please refer to the non-GAAP financial tables attached Revenues increased 12% to $587.9 million, primarily driven by strong results in the Children’s Book Publishing and Distribution segment. The Company’s school-based book channels, in particular Book Fairs, rose","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000866729-22-000027","anchor_url":"https://secwatch.observer/filing/0000866729-22-000027#claim-ff3bb5a085ea680ad4fd396b5021703a381866ae","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672922000027/0000866729-22-000027-index.htm"},{"fact_type":"executive_change","fact_key":"f5e375701e","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2022-06-06T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2022-09-21","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Margaret A. Williams retired as Director at SCHOLASTIC CORP.","evidence_excerpt":"On June 1, 2022, the Board of Directors of Scholastic Corporation (the “Company”) was informed that Margaret A. Williams, a director of the Company since 2010, has decided to retire as a director of the Company and not stand for re-election upon expiration of her current term at the Annual Meeting of Stockholders, scheduled to be held on September 21, 2022 (the “Annual Meeting”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-22-168448","anchor_url":"https://secwatch.observer/filing/0001193125-22-168448#claim-f5e375701e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312522168448/0001193125-22-168448-index.htm"},{"fact_type":"executive_change","fact_key":"87771c7427","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2022-05-23T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-05-18","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Linda Li was elected as Director at SCHOLASTIC CORP.","evidence_excerpt":"On May 18, 2022, the Board of Directors elected Linda Li as a director of the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-22-157461","anchor_url":"https://secwatch.observer/filing/0001193125-22-157461#claim-87771c7427","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312522157461/0001193125-22-157461-index.htm"},{"fact_type":"executive_change","fact_key":"da5c57cd47","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2022-05-23T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":"Linda Li","successor_named":true},"claim":"Mary Beech resigned as Director at SCHOLASTIC CORP.","evidence_excerpt":"the resignation of Mary Beech as a director in connection with her joining the Company as Chief Marketing and Transformation Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-22-157461","anchor_url":"https://secwatch.observer/filing/0001193125-22-157461#claim-da5c57cd47","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312522157461/0001193125-22-157461-index.htm"},{"fact_type":"executive_change","fact_key":"c011805ad3","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2021-07-19T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2021-08-01","interim":false,"role":"Chief Executive Officer and President","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Peter Warwick was appointed as Chief Executive Officer and President at SCHOLASTIC CORP.","evidence_excerpt":"On July 18, 2021, the Board appointed one of its members, Mr. Peter Warwick, to succeed M. Richard Robinson, Jr., who passed away on June 5, 2021, as Chief Executive Officer and President of the Registrant (principal executive officer).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-21-217980","anchor_url":"https://secwatch.observer/filing/0001193125-21-217980#claim-c011805ad3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312521217980/0001193125-21-217980-index.htm"},{"fact_type":"executive_change","fact_key":"6c7f3ac17f","cik":866729,"ticker":"SCHL","company_name":"SCHOLASTIC CORP","filed_at":"2021-07-19T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2021-07-18","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Andrew S. Hedden resigned as Director at SCHOLASTIC CORP.","evidence_excerpt":"On July 18, 2021, Andrew S. Hedden tendered his resignation to the Board of Directors of the Registrant (the “Board”) as a director which was accepted.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-21-217980","anchor_url":"https://secwatch.observer/filing/0001193125-21-217980#claim-6c7f3ac17f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/866729/000119312521217980/0001193125-21-217980-index.htm"}]}