secwatch.observer — SEC 8-K summary
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Issuer:     SCHOLASTIC CORP (SCHL)
CIK:        0000866729
Form:       8-K
Filed at:   2026-07-23T20:01:54+00:00
Accession:  0000866729-26-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scholastic reports fiscal 2026 revenue down 3% to $1.58B; adjusted EBITDA up 4% to $151.5M
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- Fiscal 2026 revenue $1,581.9M (-3% YoY); operating income $15.2M vs $15.8M; diluted EPS $2.34 vs ($0.07) loss.
- Adjusted EBITDA $151.5M, up 4% YoY, in line with guidance; on comparable basis up 15% to $132.4M.
- Returned over $285M to shareholders: $268.6M in share repurchases (including tender offer) and $20M in dividends.
- Fiscal 2027 outlook: revenue growth 2-4%, Adjusted EBITDA $135M-$145M, Free Cash Flow $35M-$40M.
- Book Fairs revenue up 5% to $186.6M; Education revenue down 13% to $109.2M; Entertainment up 42% to $21.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866729/000086672926000015/0000866729-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866729/000086672926000015/schl-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000866729-26-000015

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