Harry Comes Through For Scholastic Profits

Harry Potter and the Deathly Hallows came through for Scholastic in the first quarter ended August 31, helping to drive up revenue 75%, to $586.9 million. Hallows, along with the six previous Potter titles, contributed sales of $240 million in the period, propelling revenue in the children’s book publishing and distribution segment to $342.5 million from $112.6 million