Scholastic shares dropped 12.5% to $40.65 after the children's publishing and education company reported fiscal second-quarter revenue of $476.1 million, down 6.3% year-on-year and missing analyst estimates by 7.9%. The company also issued full-year EBITDA guidance that fell significantly short of expectations, making it the weakest performer against estimates among the 55 consumer discretionary stocks tracked. CEO Peter Warwick highlighted progress in a multi-year transformation and said adjusted EBITDA rose in line with guidance, positioning the company for growth in fiscal 2027. The broader consumer discretionary sector saw revenues beat consensus by 1.5% on average, though next-quarter guidance came in 2.3% below estimates and share prices declined 1.2% collectively.
Scholastic CorporationQ2 revenue miss and weak EBITDA guidance
AMC Entertainment Holdings Inc
