Scholastic released its fourth quarter and full year earnings report, with sales down in both periods as success in book fairs and entertainment could not offset declines in trade sales. “Today, our company is more clearly organized around the advantages that make Scholastic distinctive: a trusted brand, beloved IP, proprietary school-based channels and deep relationships with educators and families built over more than a century,” ceo Peter Warwick said in a release. “Scholastic remains uniquely positioned to connect books, schools, homes and screens in ways that deepen kids’ engagement with stories and bring more children back to reading at a […]
