Scholastic Education Revenue Drops in Slow School Market

January 2011
Educational Marketer;1/ 3/2011, Vol. 42 Issue 1, p2
Trade Publication
The article reports on the 18.8 percent decline in revenue of Scholastic Educational Publishing in the second quarter of the fiscal year 2010 in the U.S. It notes that the company credited the decline in revenue to the lesser sales of educational technology products since U.S. schools merely spent less money amidst uncertainty over the state and local budgets. Moreover, the company is expecting that its revenue will reach 1.95 billion U.S. dollars in the fiscal year 2011.


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