Scholastic’s Q2 earnings missed expectations despite beating on EPS, as revenue slid 6.3% year-over-year to $476 million—blamed on tough comps from last year’s Hunger Games release and shaky education funding. Still, there’s hope: Book Fairs surged, entertainment thrived, and management’s cost-cutting moves—including share buybacks and a dividend hike—signal focus on shareholder value. Looking ahead, they’re betting on Harry Potter and Hunger Games media launches and stabilizing education sales, even as funding remains unpredictable.
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