{"schema_version":"secwatch.filing_event.v1","accession":"0000866729-24-000006","form_type":"8-K","ticker":"SCHL","cik":"0000866729","company_name":"SCHOLASTIC CORP","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.087291+00:00","generated_at":"2026-06-04T10:59:27.829869+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Scholastic posts Q3 loss of $0.91/share; revenue flat; announces 9 Story Media investment","bullets":["Q3 revenue $323.7M (flat YoY); operating loss $34.9M vs $27.7M loss; diluted EPS -$0.91 vs -$0.57.","Consolidated Trade sales up 7% to $77.6M; Book Clubs revenue down 52% to $13.3M due to strategic repositioning.","Agreed to invest in 9 Story Media Group, acquiring 100% economic interest to expand children's media IP.","Returned ~$60M to shareholders via $6.1M dividends and $54.2M share repurchases; board added $54.6M buyback authorization.","Affirmed revised FY2024 guidance; adjusted EBITDA loss $7.2M vs $5.4M loss in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0000866729-24-000006","json":"https://secwatch.observer/filing/0000866729-24-000006.json","markdown":"https://secwatch.observer/filing/0000866729-24-000006.md","text":"https://secwatch.observer/filing/0000866729-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866729/000086672924000006/0000866729-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866729/000086672924000006/schl-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T10:59:27.829869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}