---
schema_version: "secwatch.filing_event.v1"
accession: "0000866729-22-000027"
form_type: "8-K"
ticker: "SCHL"
cik: "0000866729"
company_name: "SCHOLASTIC CORP"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:28:28.192933+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scholastic Q2 revenue up 12% to $587.9M; Book Fairs surge; repurchase authorization raised to $75M

## Summary
- Revenue $587.9M (+12% YoY); operating income $100.1M (+20%); adjusted EBITDA $122.3M (+14%).
- Children's Books segment revenue $418.3M, up $65.8M; Book Fairs revenue $240.8M, fair count at 85% of pre-pandemic.
- Education Solutions revenue $80.0M flat; operating income down $8.6M on strategic investments.
- Share repurchase authorization increased to $75M; YTD repurchases $31.1M, including Dutch tender.
- FY 2023 guidance affirmed: adjusted EBITDA $195M-$205M, revenue growth 8%-10%.

## SEC filing metadata
- accession: 0000866729-22-000027
- form_type: 8-K
- ticker: SCHL
- cik: 0000866729
- company_name: SCHOLASTIC CORP
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866729/000086672922000027/0000866729-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866729/000086672922000027/schl-20221215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866729-22-000027
- JSON: https://secwatch.observer/filing/0000866729-22-000027.json
- Plain text: https://secwatch.observer/filing/0000866729-22-000027.txt

## Key facts
- Earnings Releases
  SCHOLASTIC CORP reported quarter ended November 30, 2022 results: revenue $587.9 million. Guidance reaffirmed.
  - Period: quarter ended November 30, 2022
  - Revenue: $587.9 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/866729/000086672922000027/0000866729-22-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.