Scholastic shares drop 7% following first-quarter earnings miss

Key Facts

1Scholastic shares fell 7% after its first-quarter results missed analyst estimates.

Scholastic Corporation shares fell 7% after its first-quarter fiscal 2027 results missed analyst estimates. Seeking Alpha reported that the children's book publisher and educational materials company saw its stock retreat after failing to meet both revenue and earnings expectations for the period.

SCHL closed at $34.83 on September 24, 2026, with a session high of $35.44 and a low of $34.80. The decline follows the company reporting a wider-than-expected loss, reflecting bearish sentiment regarding the firm's near-term financial performance.