April 1, 2003




School Specialty Makes a Preschool Push

Recent state budget cuts have led to tighter spending among elementary, middle, and high schools on supplies ranging from desks to crayons. To reduce its reliance on these schools — and by extension, on state funding — educational supplies cataloger School Specialty …

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In Lists & Data - Business-14-05-2013

February 12, 2003




School Specialty enters preschool, Canadian markets

Multititle educational products cataloger School Specialty is expanding the distribution of most of its catalogs beyond the kindergarten-12th grade market and into the daycare/preschool market in the U.S. In addition, School Specialty has started mailing those same …

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In Lists & Data - Business-14-05-2013

November 13, 2002




Financial roundup: School Specialty, Tiffany

Double-digit sales, income growth for School Specialty
Multititle educational supplies marketer School Specialty (Nasdaq: SCHS) enjoyed an 18% rise in sales for its fiscal second quarter. At the same time, net income increased nearly 52%. For the three months ended Oct. 26, the …

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In News

August 15, 2002




School Specialty Scoops Up ABC School Supply

Greenville, WI–On Aug. 15, School Specialty acquired $48 million ABC School Supply, which markets early childhood products to pre-K through K-2 audiences. The transaction is priced at approximately $43 million, comprised of $31 million in cash and $12 million in assumed debt, and is expected …

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In Lists & Data - Business-14-05-2013

August 13, 2002




Financial reports: Penney, Systemax, School Specialty, Tiffany, Sportsman’s Guide

J.C. Penney posts lower catalog sales
Plano, TX-based J.C. Penney Co. (NYSE: JCP) reported that second-quarter catalog sales decreased 21%, but changes in policies and programs led to improved profits. For the three months ended July 27, department store and …

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In News

June 4, 2002




Financial reports: School Specialty, J. Jill

School Specialty income up 80%
School supplies marketer School Specialty (NasdaqNM:SCHS), whose catalogs include Childcraft, Sax Arts and Crafts, Frey Scientific, Brodhead Garrett, Teacher’s Video, and Sportime, posted an 80% rise in annual net income. For the fiscal year ended April 27, …

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In News

March 9, 2002




School Specialty CEO dead

Business-to-business school supplies cataloger School Specialty reported on March 8 that its chairman/CEO, Dan Spalding, had died unexpectedly. The Greenville, WI-based multititle mailer has named board member Leo McKenna interim chairman of the board. President/chief operating officer Dave Vander …

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In Lists & Data - Business-14-05-2013

November 15, 2001




School Specialty net income up 49%, buys Premier School Agendas

Educational supplies giant School Specialty (Nasdaq: SCHS) reported net income of $19.3 million for the quarter ended Oct. 27, up 49% from $12.9 million for the comparable quarter of 2000. Revenue rose 12%, to $269.7 million from $240.5 million last year. The company credits the top-line and bottom-line …

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In Lists & Data - Business-14-05-2013

June 2, 2005




School Specialty Sold for $1.5 Billion

This week, in “As the Private Equity Money Turns,” Boston-based Bain Capital Partners agreed to buy multititle educational supplier School Specialty for $49 a share, or roughly $1.5 billion in cash. As of Tuesday night, when the deal was announced, School Specialty’s …

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In News

June 4, 2003




School Specialty Posts Record Annual Sales

Greenville, WI-based School Specialty (Nasdaq: SCHS) reported record revenue of $870.0 million for the fiscal year ended April 26, a 13% increase over last year’s record sales of $767.4 million. Acquired businesses accounted for most of the increase.
Net income for fiscal 2003 was $39.6 million, …

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