Strong sales gains in the Company’s international. This was partially offset by lower book club channel promotion and catalog costs and a reduction of $0.5 million due to a warehouse optimization.
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With its closely aligned core businesses, Scholastic is in a unique position to offer customizable, comprehensive literacy solutions, including books for independent reading delivered through clubs.
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Scholastic Corporation (NASDAQ. Cost of goods sold, excluding onetime items increased about 1% to 52% of sales, mostly due to higher free book promotions and clubs, Minecraft margins, higher cost.
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Scholastic Corporation (NASDAQ. particularly in trade. The third quarter sales in our book club and trade channels dropped by $20 million compared to the prior year. However, because of the cost.
In addition, the Company’s domestic book club business was impacted by later. driven by higher classroom magazine circulation and sales of digital and custom publishing programs. SCHOLASTIC.
2016 increased in all three segments led by the trade channel sales of Harry Potter and the Cursed Child: Parts One and Two, which was released in late July. The first quarter of the fiscal year is.
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NEW YORK, March 23, 2017 /PRNewswire/ — Scholastic Corporation SCHL. the profit impact of lower revenues in book clubs and trade by planned cost reductions across the business. Internationally,
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School reading clubs also saw higher order. year quarter relating to a fire in a warehouse in India and higher employee-related expenses associated with continued efforts to improve sales,
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22, 2016 /PRNewswire/ — Scholastic Corporation. by the Trade division’s sales of Harry Potter and the Cursed Child, Parts One and Two, which was released in late July. The first quarter is not.
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Scholastic has been delivering literacy resources for kids and outstanding children’s books to schools, teachers, and families for more than 90 years.
The money raised in the campaign helps to fund the purchase of new books for the elementary school children through the Scholastic Warehouse Sale, as well as provide each child with a brand new book.
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Scholastic. the book fairs warehouse optimization project and $0.4 million for one-time transaction related expenses. As Dick said, second quarter reported results were largely driven by the effect.
Scholastic Corporation (NASDAQ. In the quarter, we had 3% combined sales growth in our children’s book club and book fairs. This shows the continued strength of these channels and our strategy to.
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2005), or even, in some cases, teachers handing out book order forms (see, for example, Scholastic Book Clubs. warehouse, office) or personal property (machinery or equipment). Maintains inventory,
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Scholastic. The Baby-Sitters Club and Amulet Graphix novels, as well as the Whatever After and Wings of Fire series, just to name a few. Looking ahead, we’re excited about Harry Potter and the.
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NEW YORK, July 21, 2016 /PRNewswire/ — Scholastic. digit sales increase in trade, largely due to strength in core publishing, both frontlist and backlist, and its Harry Potter franchise, as well.
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"In Fiscal 2015, Scholastic’s market leading children’s book business as well as its continuing education business performed extremely well, in-line with our expectations. Through the sale of the.
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