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Scholastic Sales Boosted By Government Stimulus

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 04:05 PM ET

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BusinessWeek:

Scholastic Corp., the children's book publisher whose sales slumped when the "Harry Potter" series ended, is getting a lift from the U.S. government as schools use stimulus funds to buy educational software.

Sales of Scholastic programs such as "Read 180" and related services topped $60 million in the fiscal first half ended Nov. 30, up 75 percent from a year earlier. About half the growth came from stimulus-related spending by school districts, said Margery Mayer, president of Scholastic's education unit.

Read the whole story: BusinessWeek

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Scholastic Corp., the children's book publisher whose sales slumped when the "Harry Potter" series ended, is getting a lift from the U.S. government as schools use stimulus funds to buy educational so...
Scholastic Corp., the children's book publisher whose sales slumped when the "Harry Potter" series ended, is getting a lift from the U.S. government as schools use stimulus funds to buy educational so...
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