18-07-2024 23:25 via rocketnews.com

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

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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[mwai_chat context=”Let’s have a discussion about this article:nnScholastic Corp. late Thursday reported lower-than-expected quarterly earnings, saying that “increasing pressure&rdq
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