Scholastic (SCHL) Q1 FY27 earnings call

Scholastic's first quarter, typically its smallest, saw robust performance in its Entertainment segment and promising early indicators for Book Fairs, driven by strong content franchises. However, the company faced headwinds in its Education segment due to continued pressure on school spending. Management reaffirmed its full-year fiscal 2027 guidance, confident in its strategic transformation and upcoming Q2 publishing slate.