June 26, 2005




School Specialty sold for $1.5 billion

Multititle educational supplier School Specialty, long a voracious acquirer of other companies, is now the acquiree: Boston-based Bain Capital Partners has agreed to buy the Greenville, WI-based cataloger for $49 a share, or roughly $1.5 billion in cash.
Announced on June 2, the …

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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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August 14, 2001




Financial Reports: Penney, School Specialty, Hanover

General merchandise cataloger/retailer J. C. Penney (NYSE: JCP) reported a net loss of $69.0 million for the quarter ended June 28, a dramatic reversal from its profit of $23.0 million a year ago. Total retail sales, including the catalogs and department stores, …

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February 10, 2005




Financial Reports: Guitar Center, School Specialty, Aramark

Guitar Center Ends Year on Up Note, Acquires Retail Chain Westlake Village, CA-based cataloger/retailer Guitar Center (Nasdaq: GTRC), which mails the Musician’s Friend catalog, reported a 38% rise in fourth-quarter net income and a 72% jump in annual net income.

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November 10, 2004




Financial Reports: School Specialty, Collegiate Pacific

Sales, Income Up at School Specialty Fiscal second-quarter revenue for Greenville, WI-based School Specialty (Nasdaq: SCHS) rose 8%, to $361.5 million for the three months ended Oct. 23. Net income increased 2%, to $30.6 million. Excluding a $1.7 million restructuring charge relating to the closure of …

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February 10, 2004




Financial Reports: PC Mall, J. Jill, School Specialty, Collegiate Pacific

PC Mall Ends Year on a High Note

Torrance, CA-based computer reseller PC Mall ended 2003 with a 13% rise in annual sales, to $975.6 million from $862.8 million in 2002. What’s more, net income soared, to $3.0 million from $148,000 the previous year.
Fourth-quarter sales …

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January 20, 2004




School Specialty Buys McGraw-Hill Titles

Greenville, WI-based School Specialty is at again. The acquisitive parent of such school-products catalogs as Childcraft, Sax Arts & Crafts, and Sportime acquired select children’s publishing assets of McGraw-Hill Education, a division of McGraw-Hill. The terms of the agreement were not …

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

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

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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