Trade Scholastic Corp - SCHL CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.14
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022262 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02226%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00004 %($0.01)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00004%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022262 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00004 %
  ($0.01)

Key Stats

• Prev. Close: 35.09
• Open: 34.97
• 1-Year Change: 28%
• Day's Range: 34.53 - 35.69

Trade Scholastic Corp - SCHL

About Scholastic Corp

Scholastic Corporation (Scholastic) is a publisher and distributor of children’s books. The Company operates through three segments: Children’s Book Publishing and Distribution, Education Solutions and International. Children’s Book Publishing and Distribution segment operates as an integrated business, which includes the publication and distribution of children’s books, e-books, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. Education Solutions segment includes the publication and distribution to schools and libraries of children’s books, classroom magazines, print and digital supplemental and core classroom materials and related support services, and print and on-line reference and non-fiction products for grades pre-kindergarten to 12 in the United States. International segment includes the publication and distribution of products and services outside the United States.

Financial summary

BRIEF: For the nine months ended 28 February 2022, Scholastic Corp revenues increased 26% to $1.13B. Net income totaled $28.8M vs. loss of $18.6M. Revenues reflect Children's Book Publishing and Distributions segment increase from $141.3M to $669.3M, Educational Publishing segment increase from $66.3M to $236.8M, International segment increase from $69.9M to $222.4M.

Equity composition

33Common Stock $.01 Par, 2/11, 70M auth., 29,397,813 o/s., net of shs. in Treas @ cost $420.3M. Insiders own 14.01% IPO 2/92, 4,284,200 shares @ $22.50 by Goldman achs. Class A Common $.01 Par, 4M auth., 1,656,200 issd. Insiders own 100%. 1/01, 2-for-1 stock split. FY'03 & 04 restated.