Scholastic Education Division Improves On Read 180 Sales

April 2004
Educational Marketer;4/5/2004, Vol. 35 Issue 10, p6
Trade Publication
Education businesses at Scholastic Inc. in New York were a bright spot in a disappointing third quarter of fiscal 2004, ended February 28. Strong revenue and profit growth in Educational Publishing Corp., School Book Clubs and International, and progress in School Book Fairs, could not offset problems in the Direct to Home Continuity and Trade businesses. Profits in Educational Publishing increased by $6 million and that segment of the business is expected to exceed previously stated goals for the year. Sales of classroom libraries teaching resource materials grew more than 15%.


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