School Specialty Q3 Falls as Schools Freeze Spending

March 2009
Educational Marketer;3/ 2/2009, Vol. 40 Issue 5, p1
Trade Publication
The article reports on the decrease in revenue of Greenville, Wisconsin-based K-12 supplemental publisher and distributor School Specialty Inc. in the U.S. in the company's fiscal third quarter and first nine months which ended January 24, 2009. It states that the company's revenue decreased because schools suspended their funding. It adds that School Specialty's management hopes that the government's federal stimulus package will improve school purchasing patterns by early summer.


Related Articles

  • School Specialty Refocuses As PreK-12 Market Declines.  // Educational Marketer;6/22/2009, Vol. 40 Issue 13, p1 

    The article focuses on the strategy of School Specialty Inc. to cope with the declines in the PreK-12 market in 2009. David Vander Zanden, chief executive officer (CEO) of School Specialty, notes that they are yet to observe conviction among schools to spend, as states have not yet accomplished...

  • Follow the Money.  // Technology & Learning;Apr2009, Vol. 29 Issue 9, p14 

    The article offers information on how states will spend the stimulus cash they will receive from the U.S. federal government including the plan of Utah officials to spend 57 million dollars for Title 1 schools, the intention of Iowa to buy new computers and software for schools from the 3.2...

  • Economy to Keep Market Challenging for Publishers.  // Educational Marketer;2/ 2/2009, Vol. 40 Issue 3, p1 

    The article provides an outlook for educational publishers in the U.S. for 2009. It notes that educational publishing in higher education, a stable publishing market, is challenging due to state appropriations. It also discusses the emergence of distribution models of publications including...

  • AEC Growth Continues, Driven by Stimulus Funding.  // Electronic Education Report;11/30/2009, Vol. 16 Issue 23, p1 

    The article reports that revenue of American Education Corp. (AEC) for the third quarter of 2009 jumped 65.6% from the same period in 2008 to 6.6 million dollars, its 14th consecutive growth quarter. It says that through the first three quarters of 2009, revenue of AEC increased 30.4% from...

  • Stimulus Money Remains to be Spent.  // Electronic Education Report;10/18/2010, Vol. 17 Issue 20, p3 

    The article reports on the portion of the 105.9 billion-dollar stimulus money pledged by the American Recovery and Reinvestment Act (ARRA) of February 2009 for schools and childcare centers which remains to be spent. It says that the portion, aimed to promote college readiness along with data...

  • (EDUCATION FUNDING) Nebraska Gets $191 Million in Recovery Funds.  // Children & Youth Funding Report;7/3/2009, p31 

    The article reports that the U.S. Department of Education (DoEd) has given 191 million dollars to Nebraska under the American Recovery and Reinvestment Act (ARRA) which is intended to save jobs and reform K-12 education. It mentions that the funding is considered as one of the largest boost in...

  • On the road to reinvestment.  // American Teacher;Apr2009, Vol. 93 Issue 7, p14 

    The article discusses the American Federation of Teachers' (AFT) economic campaign to put the nation on long-term recovery through investment in its citizens and its fundamental public institutions, or the Fight for the America's Future: It's Dollars and Sense. AFT members who signed for the...

  • Tax credits for college credits. STOLZ, RICHARD // Accounting Today;2/15/2010, Vol. 24 Issue 2, p16 

    The article focuses on the American Opportunity Tax Credit, one of the components of the government's stimulus package which liberalizes the education tax credit. It states that the credit which is retroactive to January 1, 2009, expanded the allowed educational expenses and raised the...

  • American Recovery and Reinvestment Act Includes Funds for Impact Aid.  // Touching Base;Apr2009, Vol. 2 Issue 2, p3 

    The article discusses the funding for Impact Aid from the American Recovery and Reinvestment Act (ARRA) signed by U.S. President Barack Obama on February 17, 2009. The bill will provide 100 million U.S. dollars for Impact Aid under Title VIII of the Elementary and Secondary Education Act of...


Read the Article


Sign out of this library

Other Topics