
Scholastic reaffirmed its full-year Adjusted EBITDA outlook of $146M to $156M, and fiscal 2026 free cash flow is forecasted to exceed $430M. Full-year revenue is expected to be approximately flat with the prior year.
Bullish
Scholastic authorized a new $300M share repurchase program and significantly improved liquidity with over $400M from sale-leaseback transactions. Book Fairs and Entertainment segments showed revenue growth.
Bearish
Scholastic experienced a 2% revenue decrease to $329.1M and a 13% increase in operating loss, driven by lower trade revenues and a challenging education funding environment.