Last €26.64 EUR
Change Today -0.401 / -1.48%
Volume 0.0
SL1 On Other Exchanges
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As of 9:37 AM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

scholastic corp (SL1) Snapshot

Open
€26.83
Previous Close
€27.04
Day High
€26.83
Day Low
€26.64
52 Week High
07/30/14 - €27.04
52 Week Low
12/11/13 - €20.16
Market Cap
853.7M
Average Volume 10 Days
10.0
EPS TTM
--
Shares Outstanding
30.6M
EX-Date
08/27/14
P/E TM
--
Dividend
€0.60
Dividend Yield
1.58%
Current Stock Chart for SCHOLASTIC CORP (SL1)

scholastic corp (SL1) Details

Scholastic Corporation operates as a children’s publishing, education, and media company in the United States and internationally. The company’s Children’s Book Publishing and Distribution segment publishes and distributes children’s books through school-based book clubs and book fairs, ecommerce, and the trade channel. Its Educational Technology and Services segment provides curriculum-based learning technology and materials for grades pre-kindergarten to 12; and provides related implementation and assessment, and school consulting services. The company’s Classroom and Supplemental Materials Publishing segment offers children’s books, classroom magazines, supplemental classroom materials, custom curriculum and teaching guides, print and online reference products, and non-fiction products for grades pre-kindergarten to 12 in schools and libraries. Its Media, Licensing and Advertising segment creates and produces programming and digital content for various platforms, including television, DVDs, audio, movies, interactive games, applications, and websites; and offers a television library consisting of approximately 500 half-hour productions. It also produces television programming, including the animated series; young adult and children’s audio recordings for the school, library, and retail markets; and supplementary educational materials, as well as creates audiovisual adaptations of classic children’s picture books, and original and licensed consumer software, including handheld and console products for grades pre-K to 8. In addition, this segment develops literacy, education, and pro-social campaigns in partnership with non-profit organizations, government agencies, associations, and corporations. The company distributes its products and services through school-based book clubs and book fairs, as well as directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.

Founded in 1920

scholastic corp (SL1) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.0M
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $1.2M
Executive Vice President and President of Boo...
Total Annual Compensation: $694.5K
Executive Vice President and President of Sch...
Total Annual Compensation: $690.6K
Executive Vice President, General Counsel, Se...
Total Annual Compensation: $623.1K
Compensation as of Fiscal Year 2013.

scholastic corp (SL1) Key Developments

Scholastic Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended May 31, 2014; Records Asset Impairments for the Fourth Quarter of 2014; Provides Earnings Guidance for the Fiscal 2015

Scholastic Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended May 31, 2014. For the quarter, the company reported net income of $28.1 million or $0.85 per diluted share on revenues of $549.3 million compared to net income of $21.5 million or $0.66 per diluted share on revenues of $506.9 million reported a year ago. Operating income was $48.6 million compared to $40.3 million reported a year ago. Earnings from continuing operations before income taxes were $46.5 million compared to $37.3 million reported a year ago. Earnings from continuing operations were $28.2 million or $0.86 per diluted share compared to $24.8 million or $0.76 per diluted share reported a year ago. Net cash provided by operating activities was $71.5 million compared to $81.4 million reported a year ago. Additions to property, plant and equipment was $7.6 million compared to $12.3 million reported a year ago. Free cash flow was $45.1 million against $46.7 million a year ago. For the year, the company reported net income of $44.4 million or $1.36 per diluted share on revenues of $1,822.3 million compared to net income of $31.1 million or $0.95 per diluted share on revenues of $1,792.4 million reported a year ago. Operating income was $63.1 million compared to $67.9 million reported a year ago. Earnings from continuing operations before income taxes were $50.4 million compared to $53.4 million reported a year ago. Earnings from continuing operations were $44.3 million or $1.36 per diluted share compared to $35.8 million or $1.10 per diluted share reported a year ago. Net cash provided by operating activities was $156.8 million compared to $189.1 million reported a year ago. Additions to property, plant and equipment was $27 million compared to $55.8 million reported a year ago. Free cash flow for the fiscal year was $63.7 million, compared to $59.6 million in fiscal 2013. At year end, the company's net debt was $114.9 million. The company recorded asset impairments of $14.6 million for the fourth quarter of 2014. In fiscal 2015, the company expects revenue growth and enhanced profitability across the majority of its businesses and channels. The company expects total revenue in fiscal 2015 of approximately $1.9 billion and earnings per diluted share in the range of $1.80 to $2.00, before the impact of special one-time items. Fiscal 2015 free cash flow is expected to be between $65 and $85 million. This outlook includes capital expenditures returning to more normal levels of $45 to $55 million, compared to $27.0 million in fiscal 2014, and prepublication and production spending of approximately $65 to $75 million, compared to $66.1 million in fiscal 2014. For 2015, the company expects revenue growth and enhanced profitability across majority of businesses, with increased momentum for Educational Technology products, continuing improvements in club and fair performance and exciting new trade releases. The company also expects to increase investments in information technology and sales resources during the year.

Scholastic Corporation Declares Dividend for the First Quarter of 2014, Payable on September 15, 2014

Scholastic Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the company's Class A and Common Stock for the first quarter of fiscal 2015. The dividend is payable on September 15, 2014 to all shareholders of record as of the close of business on August 29, 2014.

Scholastic Corporation Appoints Lee Peters as Senior Vice President of Strategic Marketing for Scholastic Education

Scholastic Corporation appointed Lee Peters as senior vice president, or SVP, of strategic marketing for Scholastic Education. Based in New York and reporting to Margery Mayer, President of Scholastic Education, Peters will be responsible for helping shape the strategic direction of the division by guiding marketing and messaging across multiple major product lines within a unified Scholastic Education brand. He will work closely with the Scholastic Education leadership team to drive a unified brand message, stay apprised of funding opportunities, build strategic partnerships, and elevate the company's profile in new markets. Lee will work directly with the marketing and sales teams to expand the use of digital marketing strategies and improve field support through the use of new technologies, tactics, and tools. ost recently, Lee was vice president of Strategic Marketing, North America, for Pearson Education Inc.

 

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Industry Analysis

SL1

Industry Average

Valuation SL1 Industry Range
Price/Earnings 26.5x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 11.0x
TEV/Sales 0.5x
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