Scholastic Corporation (SCHL) 2017年年度报告「NASDAQ」.pdf

1、2016/2017ANNUAL REPORT557 Broadway,New York,NY 10012 212-343-6100 Fellow Shareholders,In Fiscal 2017,Scholastic delivered significant growth in the Childrens Book Publishing and Distribution segment driven by new Harry Potter publishing and strong sales of Dav Pilkeys Dog Man and Captain Underpants

2、series.We continued to increase Pre-K to grade 6 market share in Education with our core literacy curriculum,and we were up slightly in International revenues as a result of the new Harry Potter titles in Canada and Export,as well as strong trade publishing in Australia,Canada,the UK and Asia.Fiscal

3、 2017 Highlights?Revenues grew 4%to$1.74 billion.Excluding the impact of foreign exchange,revenue increased 5%versus the prior year period.Domestic trade publishing revenues were up 45%on the performance of new Harry Potter publishing and other strong titles,including Dav Pilkeys Captain Underpants

4、and Dog Man series,while childrens trade publishing saw growth across International markets.?Education revenues increased 4%for the year and 12%in the fourth quarter,driven by continued higher levels of market penetration for the Companys balanced literacy programs,including core guided reading and

5、summer reading.?Operating income from continuing operations was$88.9 million,up 32%from$67.6 million in the prior year.Excluding one-time items,operating income from continuing operations was$109.1 million,up 17%from the prior year.Operating margins improved in all three segments.?Earnings per dilut

6、ed share from continuing operations increased 17%to$1.48.Excluding one-time items,earnings per diluted share was$1.83,an increase of 8%versus the prior year period,exceeding guidance.As we look forward to our 100th anniversary in October 2020(Fiscal 2021),we have launched the Scholastic 2020 plan,a