Little Free Library Partners with Dav Pilkey to Promote Reading Access
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy SCHL?
Source: Newsfilter
- Project Launch: Little Free Library is collaborating with Dav Pilkey, the creator of Dog Man and Captain Underpants, along with Scholastic, to introduce 100 custom-designed libraries aimed at providing books to children and families in book deserts across the United States.
- Book Distribution: These libraries will be stocked with a curated selection of children's books, including the newly released Captain Underpants: The First Epic Manga, enhancing children's reading experiences while fostering cultural development within communities.
- Nationwide Rollout: The initiative launched on April 7, coinciding with National School Library Month, and is set to continue through July, strategically leveraging the summer reading season to further expand access to reading materials.
- Philanthropic Mission: Dav Pilkey emphasized that every child deserves access to books, and this collaboration not only supports children's literacy but also contributes positively to community cultural development, reflecting a strong commitment to education and reading.
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Analyst Views on SCHL
Wall Street analysts forecast SCHL stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 38.910
Low
37.00
Averages
37.00
High
37.00
Current: 38.910
Low
37.00
Averages
37.00
High
37.00
About SCHL
Scholastic Corporation is a publisher and distributor of children's books, a provider of literacy curriculum, professional services and classroom magazines, and a producer of educational and entertaining children's media. Its segments include Children's Book Publishing and Distribution, Education Solutions, Entertainment, and International. Children's Book Publishing and Distribution segment includes the publication and distribution of children’s books, ebooks, media and interactive products primarily in the United States. Education Solutions segment includes the publication and distribution to schools and libraries of children's books, classroom magazines and other products for grades pre-kindergarten to 12 in the United States. Entertainment segment includes the development, production, distribution and licensing of children and family film and television content. International segment includes the publication and distribution of products and services outside the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Little Free Library Partners with Dav Pilkey to Promote Reading Access
- Project Launch: Little Free Library is collaborating with Dav Pilkey, the creator of Dog Man and Captain Underpants, along with Scholastic, to introduce 100 custom-designed libraries aimed at providing books to children and families in book deserts across the United States.
- Book Distribution: These libraries will be stocked with a curated selection of children's books, including the newly released Captain Underpants: The First Epic Manga, enhancing children's reading experiences while fostering cultural development within communities.
- Nationwide Rollout: The initiative launched on April 7, coinciding with National School Library Month, and is set to continue through July, strategically leveraging the summer reading season to further expand access to reading materials.
- Philanthropic Mission: Dav Pilkey emphasized that every child deserves access to books, and this collaboration not only supports children's literacy but also contributes positively to community cultural development, reflecting a strong commitment to education and reading.
See More
Little Free Library Partners with Dav Pilkey to Promote Reading Access
- Reading Promotion Partnership: Little Free Library is collaborating with Dav Pilkey, creator of Dog Man and Captain Underpants, along with Scholastic, to install 100 custom-designed libraries across the U.S., significantly enhancing access to reading for children and families in need.
- Library Installation Initiative: These libraries will be placed in schools, public libraries, and book deserts, ensuring that children and families who lack access to books can obtain reading materials, thereby promoting their learning and development.
- Strategic Launch Timing: The initiative launches alongside the release of Pilkey's new book, Captain Underpants: The First Epic Manga, coinciding with National School Library Month, which further raises public awareness of the importance of reading.
- Ongoing Promotion Plan: This initiative expands upon the successful
See More
Scholastic Launches $200 Million Stock Buyback via Dutch Auction
- Buyback Overview: Scholastic has announced a modified Dutch Auction tender offer to repurchase up to $200 million of its common stock at prices ranging from $36 to $40 per share, which will affect approximately 25% of its outstanding shares, aiming to enhance shareholder value and optimize its capital structure.
- Market Reaction: As of March 20, 2026, Scholastic's stock closed at $37.25, and the established buyback price range not only reflects the company's assessment of current market conditions but may also attract more investor participation, thereby boosting market confidence.
- Tender Offer Details: The offer will expire on April 20, 2026, allowing shareholders to withdraw their shares at any time before expiration, with Scholastic planning to repurchase shares on a pro-rata basis based on tendered amounts, ensuring effective use of funds and reducing shareholder dilution risk.
- Management's Position: Scholastic's board and executives have indicated they do not intend to participate in the buyback, demonstrating confidence in the company's future growth while potentially influencing market interpretation of the buyback plan and increasing transparency.
See More
Scholastic Launches $200 Million Stock Buyback via Dutch Auction
- Buyback Program Initiated: Scholastic has announced a modified Dutch Auction tender offer to repurchase up to $200 million of its common stock at prices ranging from $36 to $40 per share, which represents approximately 25% of its outstanding shares, thereby enhancing shareholder value.
- Positive Market Reaction: As of March 20, 2026, Scholastic's stock closed at $37.25, and the established buyback price range reflects the company's confidence in its stock value, potentially attracting more investor interest.
- Shareholder Participation Opportunity: Shareholders can tender their shares at any price within the established range during the offer period, and if tenders exceed $200 million, shares will be repurchased on a pro-rata basis, ensuring fairness and enhancing market liquidity.
- No Minimum Requirement: The tender offer does not impose a minimum number of shares to be tendered and is not subject to financing conditions, demonstrating the company's flexibility in capital management and its ability to seize market opportunities.
See More
Scholastic Shares Surge After Stronger-Than-Expected Quarterly Results
- Earnings Beat: Scholastic reported Q3 fiscal 2026 revenue of $329.1 million, a 2% year-over-year decline, yet an adjusted loss per share of $0.15 significantly outperformed Wall Street's expectation of a $0.37 loss, demonstrating the company's resilience amid challenges.
- Sales Structure Adjustment: While children's book sales fell 3% to $197.6 million and education revenue dropped 2% to $56.1 million due to funding issues, entertainment sales surged 25% to $16 million, indicating success in diversifying revenue streams.
- Capital Return Enhancement: Scholastic raised over $400 million from selling its New York headquarters and Missouri distribution center, successfully paying down debt and bolstering cash reserves while repurchasing over $147 million in shares, reflecting a strong commitment to shareholder value.
- Future Growth Strategy: The board approved a $200 million tender offer as part of a new $300 million share repurchase program, with projected full-year free cash flow of $430 million supporting future shareholder returns and profitability improvements.
See More
Scholastic Boosts Cash Reserves Amid Sales Decline
- Revenue Decline: Scholastic reported a 2% year-over-year revenue decline in Q3 FY2026 to $329.1 million, primarily due to a 3% drop in children's book sales to $197.6 million, reflecting the impact of publishing timing and ongoing challenges in education revenue.
- Shareholder Return Plan: The company plans to return capital to shareholders through a $200 million stock buyback and dividends, supported by a projected $430 million in full-year free cash flow, which will provide stable returns and bolster market confidence.
- Cost Structure Optimization: Scholastic raised over $400 million from the sale of its New York headquarters and Missouri distribution center, successfully reducing debt and enhancing cash reserves, thereby laying a solid foundation for future growth.
- Improved Profitability: Despite an adjusted loss per share of $0.15, significantly better than Wall Street's expected loss of $0.37, this demonstrates the company's resilience in a challenging market environment and the effective execution of management strategies.
See More
Little Free Library Partners with Dav Pilkey to Promote Reading Access
- Project Launch: Little Free Library is collaborating with Dav Pilkey, the creator of Dog Man and Captain Underpants, along with Scholastic, to introduce 100 custom-designed libraries aimed at providing books to children and families in book deserts across the United States.
- Book Distribution: These libraries will be stocked with a curated selection of children's books, including the newly released Captain Underpants: The First Epic Manga, enhancing children's reading experiences while fostering cultural development within communities.
- Nationwide Rollout: The initiative launched on April 7, coinciding with National School Library Month, and is set to continue through July, strategically leveraging the summer reading season to further expand access to reading materials.
- Philanthropic Mission: Dav Pilkey emphasized that every child deserves access to books, and this collaboration not only supports children's literacy but also contributes positively to community cultural development, reflecting a strong commitment to education and reading.
See More
Little Free Library Partners with Dav Pilkey to Promote Reading Access
- Reading Promotion Partnership: Little Free Library is collaborating with Dav Pilkey, creator of Dog Man and Captain Underpants, along with Scholastic, to install 100 custom-designed libraries across the U.S., significantly enhancing access to reading for children and families in need.
- Library Installation Initiative: These libraries will be placed in schools, public libraries, and book deserts, ensuring that children and families who lack access to books can obtain reading materials, thereby promoting their learning and development.
- Strategic Launch Timing: The initiative launches alongside the release of Pilkey's new book, Captain Underpants: The First Epic Manga, coinciding with National School Library Month, which further raises public awareness of the importance of reading.
- Ongoing Promotion Plan: This initiative expands upon the successful
See More
Scholastic Launches $200 Million Stock Buyback via Dutch Auction
- Buyback Overview: Scholastic has announced a modified Dutch Auction tender offer to repurchase up to $200 million of its common stock at prices ranging from $36 to $40 per share, which will affect approximately 25% of its outstanding shares, aiming to enhance shareholder value and optimize its capital structure.
- Market Reaction: As of March 20, 2026, Scholastic's stock closed at $37.25, and the established buyback price range not only reflects the company's assessment of current market conditions but may also attract more investor participation, thereby boosting market confidence.
- Tender Offer Details: The offer will expire on April 20, 2026, allowing shareholders to withdraw their shares at any time before expiration, with Scholastic planning to repurchase shares on a pro-rata basis based on tendered amounts, ensuring effective use of funds and reducing shareholder dilution risk.
- Management's Position: Scholastic's board and executives have indicated they do not intend to participate in the buyback, demonstrating confidence in the company's future growth while potentially influencing market interpretation of the buyback plan and increasing transparency.
See More
Scholastic Launches $200 Million Stock Buyback via Dutch Auction
- Buyback Program Initiated: Scholastic has announced a modified Dutch Auction tender offer to repurchase up to $200 million of its common stock at prices ranging from $36 to $40 per share, which represents approximately 25% of its outstanding shares, thereby enhancing shareholder value.
- Positive Market Reaction: As of March 20, 2026, Scholastic's stock closed at $37.25, and the established buyback price range reflects the company's confidence in its stock value, potentially attracting more investor interest.
- Shareholder Participation Opportunity: Shareholders can tender their shares at any price within the established range during the offer period, and if tenders exceed $200 million, shares will be repurchased on a pro-rata basis, ensuring fairness and enhancing market liquidity.
- No Minimum Requirement: The tender offer does not impose a minimum number of shares to be tendered and is not subject to financing conditions, demonstrating the company's flexibility in capital management and its ability to seize market opportunities.
See More
Scholastic Shares Surge After Stronger-Than-Expected Quarterly Results
- Earnings Beat: Scholastic reported Q3 fiscal 2026 revenue of $329.1 million, a 2% year-over-year decline, yet an adjusted loss per share of $0.15 significantly outperformed Wall Street's expectation of a $0.37 loss, demonstrating the company's resilience amid challenges.
- Sales Structure Adjustment: While children's book sales fell 3% to $197.6 million and education revenue dropped 2% to $56.1 million due to funding issues, entertainment sales surged 25% to $16 million, indicating success in diversifying revenue streams.
- Capital Return Enhancement: Scholastic raised over $400 million from selling its New York headquarters and Missouri distribution center, successfully paying down debt and bolstering cash reserves while repurchasing over $147 million in shares, reflecting a strong commitment to shareholder value.
- Future Growth Strategy: The board approved a $200 million tender offer as part of a new $300 million share repurchase program, with projected full-year free cash flow of $430 million supporting future shareholder returns and profitability improvements.
See More
Scholastic Boosts Cash Reserves Amid Sales Decline
- Revenue Decline: Scholastic reported a 2% year-over-year revenue decline in Q3 FY2026 to $329.1 million, primarily due to a 3% drop in children's book sales to $197.6 million, reflecting the impact of publishing timing and ongoing challenges in education revenue.
- Shareholder Return Plan: The company plans to return capital to shareholders through a $200 million stock buyback and dividends, supported by a projected $430 million in full-year free cash flow, which will provide stable returns and bolster market confidence.
- Cost Structure Optimization: Scholastic raised over $400 million from the sale of its New York headquarters and Missouri distribution center, successfully reducing debt and enhancing cash reserves, thereby laying a solid foundation for future growth.
- Improved Profitability: Despite an adjusted loss per share of $0.15, significantly better than Wall Street's expected loss of $0.37, this demonstrates the company's resilience in a challenging market environment and the effective execution of management strategies.
See More
