secwatch.observer — SEC 8-K summary
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Issuer:     SCHOLASTIC CORP (SCHL)
CIK:        0000866729
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0000866729-24-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scholastic Q4 revenue falls 10% to $474.9M, EPS $1.23 vs $2.26; guides FY25 Adj. EBITDA $140-150M
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- Revenue $474.9M (-10% YoY); operating income $47.2M (-49%); diluted EPS $1.23 (-46%).
- Full year revenue $1,589.7M (-7%); Adjusted EBITDA $136.9M (-30%); one-time charges $30.2M.
- Children's Book segment revenue -9% to $266M; Book Clubs -45% to $14.4M; Education Solutions -17% to $135.7M.
- Repurchased 3.99M shares for $156.8M and paid $24.7M dividends in FY2024.
- FY2025 guidance: revenue growth 4-6%, Adj. EBITDA $140-150M; expects Q1 loss in line with prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866729/000086672924000014/0000866729-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866729/000086672924000014/schl-20240718.htm
  HTML page:      https://secwatch.observer/filing/0000866729-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer