Common Stock, $.20 par value
- Symbol
- EDUC
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 7.01, 9.01 · 8-K
EDUCNASDAQEQUITYCurrent
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On July 9, 2026, Educational Development Corporation announced, via press release, fiscal 2027 first quarter financial results. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
Press release in this filing
ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS →EDC began as a publishing company specializing in books for children. EDC is the owner and exclusive publisher of Kane Miller Books (“Kane Miller”); Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. EDC is also the exclusive United States MLM distributor of Usborne Publishing Limited (“Usborne”) children’s books. EDC-owned products are sold via 4,000 retail outlets and EDC and Usborne products are offered by independent brand partners who hold book showings through social media, book fairs with schools and public libraries, in individual homes, as well as other in-person events and internet sales.
EDUCATIONAL DEVELOPMENT CORPORATION · 8-K · Filed 2026-07-09
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS TULSA, OK, July 9, 2025 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal first quarter ended May 31, 2026. First Quarter Summary Compared to the Prior Year First Quarter Net revenues were $4.8 million compared to $7.1 million. Average active PaperPie Brand Partners totalled 5,300 compared to 7,700. Loss before income taxes were $(1.4) million for both periods. Net Loss totalled $(1.4) million, compared to $(1.1) million. Loss per share totalled $(0.16) compared to loss per share of $(0.13), on a fully diluted basis. Per Craig White, Chief Executive Officer, “During the quarter we ran several product and recruiting promotions to increase sales, turning excess inventory into cash, and increasing our brand partner levels. I am happy to say that we were successful in both areas. Our cash position increased from $1.3 million at the end of February to $1.8 million at t…
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