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Classroom and Supplemental Materials Publishing. Segment revenue in the quarter increased 11% to $59.1 million, compared to $53.2 million in the prior year period, as a result of higher sales of guided reading and other classroom book collections and higher circulation in classroom magazines. Segment operating income was $10.7 million, versus $7.4 million in the prior year period, an increase of 45%, primarily due to a sales increase in higher margin classroom books and magazines.
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- Companies:
- Scholastic Inc.
- Places:
- Asia
- New York City
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