Scholastic Takes a Hit in Fiscal Q3, Invests in Digital Future

April 2011
Educational Marketer;4/11/2011, Vol. 42 Issue 8, p5
Trade Publication
The article reports on the decline of the revenue and operating profit for the educational sector in New York for fiscal third quarter ending February 28, 2011. It mentions that the decline was due to several factors, including pressure on school funding, winter weather, and stepped-up investment in educational technology. It states that fiscal year 2011 recorded a revenue of 1.9 billion dollars, down from 1.91 billion in fiscal year 2010.


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