Scholastic posts Q1 operating loss of $92.2M, revenue down 5%; affirms FY2026 guidance

SCHOLASTIC CORP

2026-Q1 EPS reported -$2.83 revenue$225,600,000

Revenue fell 5% YoY to $225.6M; diluted EPS loss widened to $2.83 from $2.21 loss.
Education Solutions revenue dropped 28% to $40.1M; Children's Book Publishing rose 4% to $109.4M.
Adjusted EBITDA loss improved 8% to $55.7M; one-time charges totaled $10.3M vs $2.9M last year.
Company affirms fiscal 2026 guidance; net debt increased to $242.8M from $152.1M a year ago.
Sale-leaseback of NYC office and Jefferson City distribution centers under evaluation.

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