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Stock Market & Financial Investment News

News Breaks
November 20, 2012
08:41 EDTSCHSSchool Specialty sees FY13 revenue to decline in mid-single digit range
"We believe that given the challenging market this school season, FY13 revenues are likely to decline in the mid-single digit range compared with FY12. Although revenue is softer than our previously anticipated performance levels for FY13, given our margin and cost reduction actions, we continue to believe that FY13 will look similar to FY12 actual results in terms of EBITDA, " said Michael P. Lavelle, CEO.
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