Scholastic CORP 8-K filings

Scholastic Corporation announced its fiscal year 2026 results, reporting $15.2 million in operating income and $151.5 million in Adjusted EBITDA, while projecting revenue growth and higher Adjusted EBITDA for fiscal year 2027.

Scholastic Corporation reported fiscal third-quarter results, authorized a new $300 million share repurchase program including a $200 million modified Dutch auction tender offer, and achieved a net cash position following real estate sale-leasebacks.

Scholastic Corporation's Board of Directors has authorized a modified Dutch Auction tender offer to repurchase up to $200 million of its common stock.

Scholastic Corporation announced a significant compensation increase for Executive Vice President Jeffrey Mathews, who also assumes the permanent role of President, Education Solutions, alongside a special bonus pool for sale/leaseback transactions.

Scholastic Corporation successfully completed sale-leaseback transactions for its New York City headquarters and Jefferson City distribution center, generating an estimated $401 million in net proceeds.

Scholastic Corporation announced strong fiscal Q2 2026 results with double-digit earnings growth, driven by best-selling publishing and successful real estate sale-leasebacks, leading to an expanded $150 million share repurchase authorization.

Scholastic Corporation executes two significant sale-leaseback transactions totaling $480.97 million for its New York City headquarters and Jefferson City, Missouri warehouse properties, securing long-term occupancy.

Scholastic Corporation announced sale-leaseback agreements for its NYC headquarters and Missouri distribution center, generating $401 million in net proceeds for debt reduction and share repurchases.

Scholastic Corporation's stockholders approved an increase of 100,000 shares for its Management Stock Purchase Plan and elected directors at the annual meeting.

Scholastic Corporation reported a seasonal operating loss in its fiscal first quarter, consistent with expectations, while affirming its fiscal 2026 guidance on improved Adjusted EBITDA.

Scholastic Corporation announced solid fiscal 2025 financial results, with Adjusted EBITDA in line with original guidance, and is targeting significant profit growth and 2-4% revenue increase in fiscal 2026.

Scholastic Corporation announced a significant refreshment of its Board of Directors, appointing two new independent directors and re-electing a third, as part of its ongoing commitment to enhance corporate governance and strategic oversight.

Scholastic Corporation announced the retirement of two long-serving independent directors and provided an update on strategic and operational initiatives, including real estate asset leverage and business reorganizations, while affirming its fiscal 2025 Adjusted EBITDA guidance.

Scholastic Corporation announced a strategic integration of its Trade Publishing, Book Fairs, and Book Clubs divisions into a new Children's Book Group, led by Sasha Quinton, aiming to expand reach and maximize intellectual property value.

Scholastic Corporation announced the retirement of Andrew S. Hedden as Executive Vice President, General Counsel, and Secretary, effective May 31, 2025, and the appointment of Chris Lick to succeed him, effective June 1, 2025.

Scholastic Corporation reported a 4% revenue increase and improved operating results for its fiscal third quarter ended February 28, 2025, while narrowing its Adjusted EBITDA outlook to approximately $140 million.

Scholastic Corporation's second quarter results were lower than the previous year, primarily due to the timing of publishing releases, but the company has reaffirmed its fiscal 2025 guidance and upsized its revolving credit facility to $400 million.

Scholastic Corporation has amended its credit agreement, securing a $400 million revolving credit facility with extended maturity and more flexible terms.

Scholastic Corporation's first quarter operating loss improved modestly compared to the prior year, driven by growth in Children's Book Publishing and Distribution and the inclusion of 9 Story Media Group.

Scholastic Corporation has appointed Jeffrey Mathews as its new Chief Growth Officer, effective immediately, to lead the company's long-term growth strategy.

Scholastic Corporation held its annual meeting of stockholders on September 18, 2024, and all director nominees were elected.

Scholastic Corporation reported its fiscal year 2024 results, highlighting strategic investments and the acquisition of 9 Story Media Group, while facing increased spending pressures in its school-based businesses.

Scholastic Corporation has completed its acquisition of a 100% economic interest and a minority voting stake in 9 Story Media Group for approximately $182 million, aiming to enhance its content creation and distribution capabilities.

Scholastic Corporation's board of directors has amended its bylaws to ensure consistency with Delaware law regarding the removal of directors for cause, requiring a majority vote of all shares.

Scholastic Corporation repurchased 400,000 common shares from the estate of its former CEO at a 3.8% discount to the market price.

Scholastic Corporation has appointed Alix Guerrier and Kaya Henderson as independent directors to its Board, filling two vacant positions.

Scholastic Corporation reported its fiscal third quarter results, with flat revenues and increased losses, while announcing a strategic investment in 9 Story Media Group.

Scholastic Corporation's Board of Directors size was fixed at eleven members through a unanimous written consent of Class A stockholders, effective March 12, 2024.

Scholastic Corporation is set to acquire 9 Story Media Group for approximately $186 million, aiming to boost its content production and global licensing capabilities.

Scholastic Corporation and CEO Peter Warwick have mutually agreed to extend his employment contract for an additional year, through July 31, 2025.