SCHL Stock Discussion (Scholastic Corp)

Scholastic signs $71 million purchase of early-childhood publisher Cottage Door

Scholastic ($SCHL) agreed to buy Cottage Door Press for approximately $71 million, subject to customary price adjustments. The independent publisher generated about $45 million of revenue in the twelve months to May and brings a portfolio of early-childhood, board and novelty books. Scholastic plans to finance the purchase using cash and its revolving credit facility. The buyer expects the business to add revenue and adjusted EBITDA in fiscal 2027, with accretion anticipated in the second year a

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Scholastic maintains annual guidance despite weaker first-quarter revenue

Scholastic ($SCHL) reported fiscal first-quarter revenue of $216.8 million, down 4%, while its operating loss was broadly unchanged at $92.2 million. Education revenue declined 24% to $30.4 million, partly offset by 48% growth in entertainment revenue to $20.1 million. The quarter is seasonally small for the publisher, limiting its usefulness as a direct guide to annual profitability. Management maintained its full-year outlook for revenue growth of 2–4%, adjusted EBITDA of $135–145 million and