Scholastic Affirmed Its Fiscal 2011 Outlook

Scholastic SCHL affirmed its fiscal 2011 outlook for total revenue of approximately $1.9 to $2.0 billion and earnings per diluted share from continuing operations in the range of $1.95 to $2.20, before the impact of any one-time items associated with cost reductions or non-cash, non-operating items. The Company continues to expect free cash flow in the range of $90 to $100 million.