Sales at Scholastic fell 6 percent in their first quarter, down $17 million to $276 million, but their seasonal loss was trimmed as well, with their operating loss about $1 million lower at $45.9 million. The children’s book publishing and distribution division had sales of $54.6 million — down from $70.9 million a year ago — with the seasonal loss of $61.5 million $6.6 million higher. (The book clubs and fairs take a loss when school is not in session.) The return to normal of The Hunger Games continues to weigh on that division, and lowered the comps in international […]
