Press Release: Scholastic Reports Fiscal 2015 Second Quarter Results
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Classroom and Supplemental Materials Publishing. Segment revenue in the quarter increased 6% to $64.8 million, compared to $60.9 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 $12.7 million, versus $11.6 million in the prior year period, an increase of 9%, primarily due to higher circulation in classroom magazines.
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- Companies:
- Scholastic Inc.
- Places:
- Canada
- New York City
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