Educational Development Corporation

The future of our world depends on the education of our children. We deliver educational excellence one book at a time. We provide economic opportunity while fostering strong family values. We touch the lives of children for a lifetime.

Recent News

  • Educational Development Corporation Announces Fiscal Third Quarter and Fiscal 2023 Year-To-Date Results

    Tulsa, Oklahoma--(Newsfile Corp. - January 5, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products for children, today reports financial results for the third quarter and year-to-date ended November 30, 2022.Third Quarter Highlights Compared to the Prior Year Third QuarterNet revenues were $30.3 million, a decrease of $14.8 million, or 32.8%, compared to $45.1 million.Average active direct-sales consultants totaled 27,100 compared to 41,500.Earnings before income taxes were $0.0 million,...

    2023-01-05 4:17 PM EST
  • Educational Development Corporation Announces Updated Third Quarter Conference Call Information

    Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) provides updated Conference call ID information for upcoming earnings call.EDC will host its Third Quarter Fiscal 2023 Earnings Call, including a live Q&A webcast, on Thursday, January 5, 2023 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan O'Keefe, Chief Financial Officer and Secretary, and Randall White, Executive Chairman,...

    2022-12-22 11:45 AM EST
  • Educational Development Corporation Announces Rebranding of Home Business Division - PaperPie

    Tulsa, Oklahoma--(Newsfile Corp. - December 21, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the rebranding of its Home Business Division to PAPERPIE and the date of their third quarter fiscal 2023 earnings call.The Company completed rebranding its Home Business Division and announces its new name, PaperPie. Per Craig White, President and Chief Executive Officer, "Our Home Party Division generates over 85% of our Company's sales. We have seen this Division grow...

    2022-12-21 4:00 PM EST
  • Educational Development Corporation to Present at the 14th Annual Southwest Ideas Investor Conference on November 16th and 17th in Dallas, TX

    Tulsa, Oklahoma--(Newsfile Corp. - November 3, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today announced that Craig White, CEO will present at the Southwest IDEAS Investor Conference on Thursday, November 17, 2022 at the Westin Dallas Downtown in Dallas, TX. Educational Development's presentation is scheduled to begin at 1:30pm CT. The presentation will be webcast live and can be accessed through the conference host's main website: www.IDEASconferences.com.About IDEAS...

    2022-11-03 4:00 PM EDT
  • Educational Development Corporation Expands Product Offering with Acquisition of SmartLab Toys

    Tulsa, Oklahoma--(Newsfile Corp. - October 26, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today reports acquisition of SmartLab Toys, a creator of S.T.E.A.M. toys and games that focus on hands-on, educational experiences to encourage kids to develop skills in the core disciplines of Science, Technology, Engineering, Arts, and Math.SmartLab Toys sells their products in the US and internationally through established local retailers and national distributors. SmartLab Toys net...

    2022-10-26 4:00 PM EDT
  • Educational Development Corporation Announces Fiscal Second Quarter and Fiscal 2023 Year-to-Date Results

    Tulsa, Oklahoma--(Newsfile Corp. - October 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today reports financial results for the second quarter and year-to-date ended August 31, 2022.Second Quarter Highlights Compared to the Prior Year Second QuarterNet revenues were $19.4 million, a decrease of $13.6 million, or 41.2%, compared to $33.0 million.Average active UBAM sales consultants totaled 26,800 compared to 46,100.Earnings (loss) before income taxes was $(1.1) million, a decrease of...

    2022-10-06 4:00 PM EDT
  • Educational Development Corporation Announces Second Quarter Fiscal Year 2023 Earnings Call

    Tulsa, Oklahoma--(Newsfile Corp. - September 30, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their second quarter fiscal 2023 earnings call.EDC will host its Second Quarter Fiscal 2023 Earnings Call, including a live Q&A webcast, on Thursday, October 6, 2022 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan O'Keefe, Chief Financial Officer and Secretary, and...

    2022-09-30 10:28 AM EDT
  • Educational Development Corporation Announces New Loan Agreement

    Tulsa, Oklahoma--(Newsfile Corp. - August 11, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced that the Company has executed a new Credit Agreement ("Loan Agreement") with BOKF, NA dba Bank of Oklahoma. The new Loan Agreement establishes (1) a fixed rate mortgage term loan in the principal amount of $15,000,000 (the "Fixed Rate Term Loan"), (2) a floating rate mortgage term loan in the principal amount of $21,000,000 (the "Floating Rate Term Loan"), and (3) a revolving...

    2022-08-11 4:00 PM EDT