Scholastic Corporation

Transaction Strengthens Scholastic's Position in Early Childhood Publishing and Expands Opportunities for Growth Across Formats and Channels NEW YORK, Sept. 29, 2026 /PRNewswire/ -- ― Scholastic Corporation (NASDAQ:SCHL), the global children's publishing, education and media company, today announced that it has signed a definitive agreement to acquire Cottage Door Press ("Cottage Door"), a leading independent children's publisher of innovative early childhood books, for approximately $71 million, subject to customary purchase price adjustments.

Scholastic has a decent outlook, targeting 2–4% revenue growth and $135–$145M adjusted EBITDA for fiscal 2027 - adjusted for the leaseback effects. Key catalysts include the upcoming Hunger Games movie and the Harry Potter HBO series, both expected to drive franchise momentum and book sales, suggesting a decent quarter for fairs. Valuation is maybe interesting, with SCHL trading at a discount to possible peers like Pearson, despite having pretty top-shelf franchises to publish.

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: