David Young
Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company
Highest-materiality recent filing
Scholastic authorizes $200M Dutch auction tender offer at $36-$40/share
Repurchase of up to $200M of common stock via modified Dutch auction tender offer.
Scholastic posts Q3 GAAP EPS $2.55 on sale-leaseback gain; board OKs $300M buyback
Q3 revenue $329.1M (-2% YoY); operating loss $26.9M vs $23.9M loss prior year.
Scholastic appoints Mathews President Ed Solutions, raises compensation, approves $1.5M bonus pool
Jeffrey Mathews named President, Education Solutions (permanent); base salary rises to $675k (from $615k) effective Jan 1, 2026.
Scholastic Q2 EPS $2.17 (up 27% YoY); Board expands buyback to $150M post sale-leaseback
Revenue $551.1M (+1% YoY); operating income $82.9M (+11%); diluted EPS $2.17 (+27%).
Total proceeds of $481M; estimated net proceeds of $401M after taxes, fees, and transaction expenses.
Scholastic sells NYC HQ for $386M and Mo. warehouses for $95M in sale-leasebacks
NYC building at 557 Broadway sold to ESRT (Empire State Realty Trust) for $386M; closing Dec 16-18, 2025.
Scholastic signs sale-leasebacks for NYC HQ and Jefferson City facility; expects $401M net proceeds
Net proceeds of $401M from sale-leasebacks of 555-557 Broadway (NYC) and Jefferson City distribution center.
Scholastic shareholders approve stock plan amendment and elect directors at annual meeting
Class A stockholders approved Amendment No. 2 to Management Stock Purchase Plan, increasing authorized shares by 100,000 to 700,000.
Scholastic posts Q1 operating loss of $92.2M, revenue down 5%; affirms FY2026 guidance
Revenue fell 5% YoY to $225.6M; diluted EPS loss widened to $2.83 from $2.21 loss.
Scholastic reports FY2025 adjusted EBITDA $145.4M; guides FY2026 $160-170M
FY2025 revenues $1,625.5M (+2% YoY); GAAP EPS $(0.07); ex-items EPS $0.48.
Directors John L. Davies and David P. Young accelerate planned retirements, resign July 16, 2025.
Scholastic updates strategic initiatives; expects FY2025 EBITDA at original guidance of $140M-$150M
Expects fiscal 2025 Adjusted EBITDA in line with original guidance of $140M-$150M, above narrowed outlook, driven by cost management and Q4 execution.
Sasha Quinton appointed EVP & President of new Children's Book Group effective June 1, 2025.
Scholastic EVP General Counsel Hedden retires; Chris Lick appointed successor
Andrew Hedden retires as EVP, General Counsel & Secretary effective May 31, 2025.
Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company
Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company
appointed Chris Lick, presently Deputy General Counsel of the Company, as Executive Vice President, General Counsel and Secretary succeeding Mr. Hedden, effective June 1, 2025.
accepted the retirement of Andrew S. Hedden, a named executive officer of the Company, from his positions as Executive Vice President, General Counsel, and Secretary of the Company effective May 31, 2025.
Max materiality 0.85 · Median 0.70 · Most common event other_material