Scholastic reported earnings for their fiscal Q1 2020, ending August 31, with sales of $232.6 million, up from to $218.4 million in the first quarter of 2019. “The big story in the quarter was our strong trade frontlist worldwide,” said cfo Ken Cleary on the analyst call. Trade publishing sales were $74.1 million, up from $61.4 million last year. In overall Children’s Book Publishing and Distribution, which includes book clubs and fairs as well as trade, first quarter revenues rose to $109.6 million, from $95.7 million. “Most impressive was our strength in series publishing — Dog Man, Captain Underpants, Harry […]
