Scholastic Corporation Reports 2% Revenue Increase to $1.63 Billion; Adjusted EBITDA Meets Original Guidance, EPS Drops 52%
Scholastic Corporation, a leading global children's publishing, education, and media company, reported its financial results for the fiscal fourth quarter and full year ending May 31, 2025. The company recorded a 2% increase in revenues, reaching $1.625 billion. This growth was attributed to contributions from 9 Story Media Group in the Entertainment segment, higher revenues from new releases in Trade Publishing, and strong performance in Book Fairs, which helped offset a decrease in supplemental product sales within Education Solutions. Operating income saw a 9% increase to $15.8 million compared to the previous year. However, when excluding one-time charges, adjusted operating income decreased by $8.9 million due to lower sales in Education Solutions. Earnings before taxes increased slightly by 3% to $48.9 million. Scholastic's strong execution and disciplined cost management were highlighted as key factors in achieving Adjusted EBITDA in line with original guidance, amounting to $91.2 million. The company returned over $90 million to shareholders during the fiscal year and is targeting robust profit growth in fiscal 2026, with a continued focus on cost management.
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