Scholastic

SCHL

Market cap $737M

Scholastic agreed to sell its New York City headquarters as it works to streamline its publishing business and monetize assets.

Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deployed Toward Company's Capital Allocation Priorities, including Debt Reduction and Share Repurchases NEW YORK , Dec. 2, 2025 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has entered into sale-leaseback transactions for its headquarters location in New York City ("555-557 Broadway") and its primary distribution facility in Jefferson City, Missouri ("Jefferson City"), which together are expected to generate estimated net proceeds of $401 million. The sale of these real estate assets aligns with the Company's long-term plan to monetize its significant non-operating assets to improve the efficiency of its balance sheet and create shareholder value.

Younger Americans are walking away from screens and rediscovering the physical world.

Academic publications specialist Scholastic (SCHL -11.84%) wasn't looking like a wise investment at the end of the trading week. On Friday in late-session action its shares were down by nearly 12% in value, at a point when the S&P 500 index was up by 0.4%.

Shares of educational publishing and media company Scholastic (NASDAQ: SCHL) fell sharply on Friday, dropping 13.6% after the company reported weaker-than-expected first-quarter results. The performance missed Wall Street's estimates on both revenue and earnings, overshadowing otherwise stable guidance and segmental growth in some areas.

Scholastic (SCHL) shares sank Friday after the children's books publisher reported a quarterly loss as schools pulled back on spending because of uncertainty over government funding.

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday.

Scholastic Corporation (NASDAQ:SCHL ) Q1 2026 Earnings Call September 18, 2025 4:30 PM EDT Company Participants Jeffrey Mathews - Executive VP, Chief Growth Officer & Interim President of Scholastic Education Peter Warwick - President, CEO & Director Haji Glover - CFO & Executive Vice President Conference Call Participants Brendan Michael McCarthy - Sidoti & Company, LLC Presentation Operator Good day, and thank you for standing by. Welcome to the Scholastic reports, First Quarter, Fiscal Year 2026 Results.

The headline numbers for Scholastic (SCHL) give insight into how the company performed in the quarter ended August 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Scholastic (SCHL) came out with a quarterly loss of $2.52 per share versus the Zacks Consensus Estimate of a loss of $2.44. This compares to a loss of $2.13 per share a year ago.