School Specialty (SCHS +5.6%) easily beats FQ1 consensus estimates, despite constricting state...

|About: School Specialty, Inc. (SCHS-OLD)|By:, SA News Editor

School Specialty (SCHS +5.6%) easily beats FQ1 consensus estimates, despite constricting state budgets and overall reductions in school funding. Revenue climbed 9.1% on a boost in sales from the company's educational resources and accelerated learning segments, plus a shift in a high-volume shipping week from the last quarter to the present one.