| Market Capitalization (Millions $) |
854 |
| Shares
Outstanding (Millions) |
24 |
| Employees |
6,905 |
| Revenues (TTM) (Millions $) |
1,582 |
| Net Income (TTM) (Millions $) |
57 |
| Cash Flow (TTM) (Millions $) |
-19 |
| Capital Exp. (TTM) (Millions $) |
48 |
Business Description
Scholastic Corporation is an American multinational publishing company known for its focus on children's books and educational materials. Founded in 1920 by M.R. Robinson and Maurice R. "Robbie" Robinson, the company operates in over 165 countries and publishes in over 45 languages.
Scholastic is perhaps most well-known for its book fairs, which take place in schools and offer children a chance to purchase books at discounted prices. The company also publishes popular book series such as Harry Potter, Goosebumps, and The Hunger Games.
In addition to its publishing arm, Scholastic also operates a number of educational technology programs and platforms, including Scholastic Literacy Pro, Scholastic Reading Inventory, and Scholastic F.I.R.S.T. (Fun, Interactive, Responsive, Shared, and Time-bound) which are designed to help teachers and students improve reading and writing skills.
Scholastic has also been heavily involved in literacy advocacy through initiatives such as Read Every Day, Lead a Better Life, as well as partnerships with organizations such as Reading Is Fundamental and Worldreader.
Though primarily known for its children's books and educational resources, Scholastic has also expanded into other areas of media and entertainment, including film and television production. It has produced TV shows such as Clifford the Big Red Dog and The Magic School Bus, and films such as Goosebumps and Captain Underpants: The First Epic Movie.
Scholastic has received numerous awards and accolades throughout its history, including being named one of the "World's Most Admired Companies" by Fortune magazine and being recognized for its commitment to sustainability and corporate social responsibility.
Company Address: 557 Broadway, New York, 10012 NY
Company Phone Number: 343-6100 Stock Exchange / Ticker: NASDAQ SCHL
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202.52 %