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 October 14, 2026, Educational Development Corporation announced, via press release, fiscal 2027 second 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 SECOND QUARTER AND YEAR TO DATE 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 2026-10-14
Exhibit 99.1 EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL 2027 SECOND QUARTER AND YEAR TO DATE RESULTS TULSA, OK, October 14, 2026 - 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 second quarter ended August 31, 2026. Second Quarter Summary Compared to the Prior Year Second Quarter Net revenues were $4.1 million compared to $4.6 million. Average active PaperPie Brand Partners totaled 5,100 compared to 5,800. Loss before income taxes were $(1.6) million, compared to $(1.8) million. Net loss totaled $(1.6) million, compared to $(1.3) million. Loss per share totaled $(0.19) compared to $(0.15) on a fully diluted basis. Year-to-Date Summary Compared to the Prior Year Net revenues of $8.8 million, compared to $11.7 million. Average active PaperPie Brand Partners totaled 5,200, compared to 6,800. Loss before income taxes were $(2.9) million, compared to $(3.2) million. Net loss totaled $(3.0) million, compared to $(2.4) million. Loss per share totaled $(0.35), compared to $(0.28) on a fully dilut…
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