Scholastic Book Sales Plummet: Fair Attendance Down
Scholastic Corporation, a leading childrenS publishing company, announced disappointing second-quarter fiscal 2024 results, revealing a decline in both trade and book fair sales.While the number of school book fairs increased considerably, revenue fell short of projections. This unexpected downturn raises questions about the future performance of the publishing giant. CEO Peter Warwick acknowledged the shortfall, … Read more