Scholastic Q2 EPS $2.17 (up 27% YoY); Board expands buyback to $150M post sale-leaseback

SCHOLASTIC CORP

2026-Q2 EPS reported -$0.60 revenue$776,700,000

Revenue $551.1M (+1% YoY); operating income $82.9M (+11%); diluted EPS $2.17 (+27%).
Adjusted EBITDA $122.5M (+13%); one-time charges $12.1M in Q2 vs. $4.2M year ago.
Book Fairs revenue $242M (+5%) on higher fair count and revenue per fair; Trade up 7% to $110.4M.
Completed sale-leasebacks generated $401M net proceeds; Board authorized $150M share repurchase program.
Affirmed FY2026 Adj. EBITDA outlook of $146-156M (net of $14M partial-year sale-leaseback impact); free cash flow >$430M.

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