$SCHL

Scholastic Corporation (NASDAQ: SCHL) reported Q1 fiscal 2027 revenue of $216.8M, missing expectations. GAAP loss per share was $3.77, and adjusted loss per share was $3.63. Shares fell 12.7% after hours. Education revenue declined 24%, while Entertainment revenue rose 48%. Management reaffirmed full-year guidance.

Scholastic (SCHL) agreed to acquire Cottage Door Press for $71M, expanding its early childhood book market. Cottage Door generated $45M in revenue in the year ended May 2026. The deal is expected to close by the end of 2026, subject to conditions, and is anticipated to boost Scholastic's revenue and Adjusted EBITDA.

Scholastic's Q3 results missed expectations, with lower sales in Children's Books and Education divisions. Management cited seasonality and prior sale-leaseback transactions. CEO Peter Warwick noted Entertainment segment growth. Analysts asked about fuel costs, margin expansion, and Book Fairs performance. The stock is down from $34.83 to $33.24 post-earnings.

Scholastic (SCHL) reported Q3 2026 revenue of $216.8M, down 3.9% YoY, missing estimates. Non-GAAP loss of $3.63 per share was 6.1% below consensus. Management cited seasonality and lower education sales, but expects growth from book fairs and franchise activity. Full-year guidance was reaffirmed, with cost pressures noted in international markets. The stock is down 4.57% since earnings.

Costco (COST) shares rose 2.9% after reporting Q4 adjusted earnings of $6.60 per share, beating estimates. People Inc. (PPLI) shares jumped 11.3% on reports MGM (MGM) may acquire it. Akamai (AKAM) shares gained 3.2% after a $11.6B power deal with Anthropic. Scholastic (SCHL) shares fell 7.1% after posting a wider-than-expected Q1 loss.

Scholastic reported a Q1 loss of $3.77 per share, with revenue declining 3.9% to $216.8M. The company cited lower results in children's book publishing and entertainment. Operating loss remained steady at $92.2M, while cash reserves fell to $106.8M. Inventory and long-term debt increased, and share buybacks continued.

SCHL filed its quarterly report (10-Q) with the SEC on September 25, 2026. The filing includes various exhibits and related documents. Investors can review the financial data and disclosures for insights into the company's performance.

U.S. stocks rose on Friday, with the Dow up 0.85%, NASDAQ up 0.55%, and S&P 500 up 0.50%. Atlas Energy (AESI) +15%, Marygold (MGLD) +92%, INLIF (INLF) +72%. Zscaler (ZS) -9%, Scholastic (SCHL) -8%, Trugolf (TRUG) -33%. Oil -2.5%, gold +0.5%. U.S. consumer sentiment eased to 48.1 in September.

Akamai Technologies rose 5% after a $11.6B deal with Anthropic and a warrant issuance. Atlas Energy Solutions gained 17% on AI lab agreements. Genius Sports jumped 13% with an overweight rating from JPMorgan. Twilio fell 6% after HSBC downgraded it. People Inc. surged 10% on MGM Resorts acquisition interest. Scholastic dropped 9% on a wider Q1 loss. Costco gained 2.7% on better-than-expected earnings. Microsoft rose 3% with a refreshed Copilot app. Meta fell 3% after a recent rally.

Scholastic India (part of Scholastic Inc., NASDAQ: SCHL) and Mattel Inc. (NASDAQ: MAT) have partnered to publish and distribute books based on Mattel's brands, including Barbie and Hot Wheels, in India. The collaboration aims to leverage Scholastic's publishing expertise and Mattel's iconic brands to create engaging content for young readers. Initial titles include Hot Wheels Ultimate Handbook 2026 and Barbie's Big Move, with plans to expand the portfolio.