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Sales, Earnings Rebounded in Fiscal 2022 at Scholastic

Sales, Earnings Rebounded in Fiscal 2022 at Scholastic
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Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight, as well as higher labor and fuel costs. ....

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