Savvas Learning Company Receives 2023 Chicago Top Workplaces Award

Net sales for the quarter increased 14.7 percent, to $43.89 billion, from $38.26 billion last year. Net sales for the first 24 weeks increased 15.8 percent, to $86.23 billion, from $74.49 billion last year. Net income for the quarter was $951 million, or $2.14 per diluted share, which includes $246 million pretax, or $0.41 per diluted share, in costs incurred primarily from COVID-19 premium wages. Last year’s second quarter net income was $931 million, or $2.10 per diluted share. Net income for the first 24 weeks was $2.12 billion, or $4.76 per diluted share, compared to $1.77 billion, or $4.00 per diluted share, last year. For the four-week reporting month of February, ended February 28, 2021, the Company reported net sales of $14.05 billion, an increase of 15.2 percent from $12.20 billion last year. For the twenty-six week period ended February 28, 2021, net sales were $93.16 billion, an increase of 15.4 percent from $80.76 billion last year.

Expressing concern for the environment and a desire to meet consumers' communication preferences, the SEC has voted to allow fund companies to post documents on websites and tell shareholders how to access them electronically. The move was a nod to a longstanding request from the mutual fund industry, which has pressed for email, rather than regular mail, to be the default method for disseminating shareholder reports, according to a report in the Wall Street Journal. Technically, the shift involved a rule change passed on a 4-1 vote that will allow funds to post the documents on websites and tell shareholders how to access them electronically. Click Read More below for additional information.

Field & Stream, the outdoor magazine that first appeared in 1871, has returned to print with an issue out on June 5, its first in four years. Field & Stream Journal features 160 pages of outdoor content, presented in an oversized 10x12-inch format. This is the first new issue since Field & Stream was acquired by country music stars Eric Church and Morgan Wallen and other brand builders earlier this year.