Here’s how cash-strapped consumers and school districts dragged down Scholastic earnings

Date:

July 18, 2024

Scholastic Corp. late Thursday reported lower-than-expected quarterly earnings, saying that “increasing pressure” on consumer spending hit its book-fair business and a slowdown on school book-buying did the same for its education segment.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Here’s how cash-strapped consumers and school districts dragged down Scholastic earnings

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