Press Release: Scholastic Reports Q4 and Fiscal 2014 Results and Fiscal 2015 Outlook
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As a result of the above factors, the Company expects total revenue in fiscal 2015 of approximately $1.9 billion and earnings per diluted share in the range of $1.80 to $2.00, before the impact of special one-time items.
Fiscal 2015 free cash flow is expected to be between $65 and $85 million. This outlook includes capital expenditures returning to more normal levels of $45 to $55 million, compared to $27.0 million in fiscal 2014, and prepublication and production spending of approximately $65 to $75 million, compared to $66.1 million in fiscal 2014.
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- Companies:
- Scholastic Inc.
- Places:
- New York City
- U.S.
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