Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
Scholastic reported lower-than-expected quarterly earnings due to consumer spending pressure. Share prices dropped over 8% after a 4% decline in regular trading hours. Scholastic bet on upcoming bestsellers like the 'Dog Man' series to boost earnings.
- Scholastic reported lower-than-expected quarterly earnings due to consumer spending pressure.
- Share prices dropped over 8% after a 4% decline in regular trading hours.
- Scholastic bet on upcoming bestsellers like the 'Dog Man' series to boost earnings.
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