Scholastic Stock Plunges as Uncertainty Over Government School Funding Hurts Results

1. Scholastic reported a $97 million quarterly loss, worsening from last year's $92 million. 2. Revenue dropped 5% to $225.6 million, missing analysts' expectations. 3. Education Solutions revenue plummeted 28% due to school funding uncertainties. 4. The company seeks sale-leaseback investors for real estate to enhance liquidity. 5. Shares fell 12%, despite a 30% increase earlier in 2025.