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International. Segment revenue in the quarter was $135.6 million, compared to $143.7 million in the prior year period, primarily due to an unfavorable foreign exchange impact of $7.5 million. This was partially offset by strong performance in Asia, where revenues rose by approximately 19%, before the impact of foreign exchange, on sales of education and direct-to-home products. Segment operating income was $22.2 million, compared to $24.7 million in the prior year period, primarily the result of lower trade sales.
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- Companies:
- Scholastic Inc.
- Places:
- Asia
- New York City
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