{"schema_version":"secwatch.filing_event.v1","accession":"0000866729-26-000007","form_type":"8-K","ticker":"SCHL","cik":"0000866729","company_name":"SCHOLASTIC CORP","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.857395+00:00","generated_at":"2026-05-15T09:46:20.574594+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Scholastic posts Q3 GAAP EPS $2.55 on sale-leaseback gain; board OKs $300M buyback","bullets":["Q3 revenue $329.1M (-2% YoY); operating loss $26.9M vs $23.9M loss prior year.","Adjusted EBITDA $0.0M vs $6.0M; excludes $6.7M impact from sale-leaseback.","Sale-leaseback net proceeds >$400M; net cash $90.6M vs net debt $189.4M prior year.","Board authorized $300M buyback including $200M modified Dutch auction tender at $36-$40/share.","Long-term net leverage target set at 2.0-2.5x Adjusted EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0000866729-26-000007","json":"https://secwatch.observer/filing/0000866729-26-000007.json","markdown":"https://secwatch.observer/filing/0000866729-26-000007.md","text":"https://secwatch.observer/filing/0000866729-26-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866729/000086672926000007/0000866729-26-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866729/000086672926000007/schl-20260319.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:46:20.574594+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":[{"claim_id":"d57251b17862b233a0a91de9211f4a8f9035761a","claim":"SCHOLASTIC CORP reported the Company’s fiscal third quarter ended February 28, 2026 results: revenue $329.1 million, EPS $2.55. Guidance reaffirmed.","evidence_excerpt":"tables attached (1) Operating income and Adjusted EBITDA include a $3.0 and $6.7 impact related to the sale-leaseback transactions, respectively. Revenues decreased 2% to $329.1 million, primarily reflecting lower revenues in the Children’s Book Publishing and Distribution and International segment due to the timing of publishing releases compared to the prior","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866729/000086672926000007/0000866729-26-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the Company’s fiscal third quarter ended February 28, 2026"},{"label":"Revenue","value":"$329.1 million"},{"label":"EPS","value":"$2.55"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}