Scholastic Expects FY24 Revenue Growth Of 3%-5%, Plans Focusing On Protecting Margins And Sustaining Growth
Portfolio Pulse from Benzinga Newsdesk
Scholastic Corporation (SCHL) has projected a revenue growth of 3%-5% for the fiscal year 2024. The company plans to focus on protecting its margins and sustaining growth.
July 20, 2023 | 8:04 pm
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POSITIVE IMPACT
Scholastic Corporation's projected revenue growth and strategic focus on protecting margins and sustaining growth could potentially boost investor confidence.
The projected revenue growth indicates a positive outlook for the company's financial performance. The strategic focus on protecting margins and sustaining growth suggests that the company is taking measures to ensure its financial stability, which could potentially attract investors and positively impact the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100