secwatch.observer — SEC 8-K summary
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Issuer:     SCHOLASTIC CORP (SCHL)
CIK:        0000866729
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0000866729-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scholastic Q3 revenue up 4% to $335.4M; FY EBITDA guidance narrowed to ~$140M low end
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- Operating loss improved to $23.9M from $34.9M; diluted EPS loss of $0.13 vs $0.91 a year ago.
- Adjusted EBITDA of $6.0M, up from -$7.2M; Free cash use of $30.7M.
- Education Solutions revenue fell 16% to $57.2M; strategic review initiated for that business.
- Full-year adjusted EBITDA guidance narrowed to ~$140M; revenue growth now modest vs 4-6% prior.
- Returned $35.7M to shareholders via dividends and buybacks; share repurchase authorization raised to $100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866729/000086672925000008/0000866729-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866729/000086672925000008/schl-20250320.htm
  HTML page:      https://secwatch.observer/filing/0000866729-25-000008

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