U.S. Postal Service Releases Dog Bite National Rankings

Highlights * Encouraging start to the year despite challenging market conditions, with underlying revenue growth of 5% reflecting good progress as we reposition Pearson for sustainable growth with a strong direct to consumer focus. * Global Online Learning up 25%, with strong growth in Virtual Schools due to enrolment growth in the current school year in Partner Schools as well as in US district partnerships; modest growth in OPM due to ongoing impact of discontinued programs. * Global Assessment down 2%, as strong recovery in Professional Certification and US Clinical Assessment was more than offset by US School Assessment, where revenue was down significantly due to the challenging comparative and reuse of material from cancelled exams. * North American Courseware up 1% as Canada benefited from the continued sales shift to digital and a school funding increase which more than offset a 1% decline in US Higher Education Courseware. We continued to see good momentum in the US business with growth in total units sold into colleges, growth in digital sales and registrations, and returns continuing to trend lower. Growth in eBooks more than offset declines in print and bundle units, showing signs of secondary market recapture. * International down 2% with a decline in English as COVID-19 continued to impact our courseware and franchise business in Latin America, notwithstanding slight improvement in Pearson Test of English volume and courseware recovery in China. BTEC revenue was lower due to FE College closures and lower resit fees due to 2020 exam cancellations. This was partially negated by strong courseware sales in Europe and South Africa. *We continue to expect our performance to be in line with our 2021 outlook, as outlined on 8 March 2021 at our full year results.

Office Depot announced that over $3.5 million worth of educational supplies were recently provided to students, teachers and Title I schools across the country as a result of Office Depot’s charitable programs and the generosity of Office Depot and OfficeMax customers. Students at more than 25 Title I elementary schools received brand-new backpacks filled with traditional school supplies, with a total value at over $1.5 million, through Office Depot’s Start Proud!® national community investment initiative. The donated supplies, which included notebooks, composition books, highlighters, pens, pencils and more, were distributed to students during celebratory drive-thru and walk-up socially distanced celebrations at the start of the school year to help set them up for success. School administrators, teachers and Office Depot associates teamed up to host these events, which served as a fun kick-off to this unique new school year, filled with masked smiles and air high fives.

With all but one category posting increases, unit sales of print books rose 8% in the week ended Aug. 22, 2020, over the comparable week in 2019 at outlets that report to NPD BookScan. Stephenie Meyer’s Midnight Sun, which sold nearly 59,000 copies in the week, continued to drive sales in the YA fiction segment, where print units rose 27.8% over the week ended Aug. 24, 2019. The YA nonfiction category had a 40.6% jump in sales, with Stamped by Jason Reynolds and Ibram X. Kendi remaining in first place in the category, selling more than 12,000 copies. Big Preschool Workbook stayed #1 in juvenile nonfiction, selling more than 34,000 copies and helping to drive up print unit sales up 36.3% over 2019.