Educational Development Corporation Announces Completion of Corporate Headquarters Sale for 32.2 Million
Tulsa, Oklahoma--(Newsfile Corp. - October 28, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) announced that on October 27, 2025, Educational Development Corporation completed the sale of the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hilti Complex") to 10Mark 10K Industrial, LLC, a Delaware limited liability company ("Buyer"). The agreed upon...
2025-10-28 4:00 PM EDT
Educational Development Corporation Announces Fiscal 2026 Second Quarter and Year to Date Results
Tulsa, Oklahoma--(Newsfile Corp. - October 9, 2025) - 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 fiscal second quarter ended August 31, 2025.Second Quarter Summary Compared to the Prior Year Second QuarterNet revenues were $4.6 million compared to $6.5 million.Average active PaperPie Brand Partners totaled 5,800 compared to 13,900.Loss...
2025-10-09 4:00 PM EDT
Educational Development Corporation Announces 1st Amendment to Real Estate Contract and Receipt of Buyers Intent to Proceed with Purchase of Real Estate
Tulsa, Oklahoma--(Newsfile Corp. - October 6, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) announced that on October 1, 2025, the Company and 10Mark 10K Industrial, LLC, a Delaware limited liability company ("Buyer") executed the 1st Amendment to the Commercial Real Estate Contract ("Contract") for the Hilti complex, (the "Complex") extending the term of the initial 45 day due diligence period from October 2, 2025 to...
2025-10-06 5:48 PM EDT
Educational Development Corporation Announces Fiscal Year 2026 Second Quarter Earnings Call
Tulsa, Oklahoma--(Newsfile Corp. - September 10, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal year 2026 second quarter earnings call.EDC will host its Fiscal Year 2026 Second Quarter Earnings Call, including a live Q&A webcast, on Thursday, October 9, 2025, at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing...
2025-09-10 4:00 PM EDT
Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility
Tulsa, Oklahoma--(Newsfile Corp. - August 21, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) today announced that on August 18, 2025, it executed a Commercial Real Estate Contract ("Contract") with Buyer for the sale of the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hilti Complex").The agreed upon sale price of the Hilti Complex per the...
2025-08-21 4:00 PM EDT
Educational Development Corporation Announces Extension of Credit Agreement with BOKF
Tulsa, Oklahoma--(Newsfile Corp. - August 12, 2025) - Educational Development Corporation (NASDAQ: EDUC) (the "Company") announced it has executed the Ninth Amendment ("Amendment") to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"). The Amendment, effective July 11, 2025, extends the maturity date on the Revolving Loan to September 19, 2025. Per Craig White, Chief Executive Officer, "Extending the maturity date on the revolving line of credit to September 19, 2025 is...
2025-08-12 4:00 PM EDT
Educational Development Corporation Announces Fiscal 2026 First Quarter Results
Tulsa, Oklahoma--(Newsfile Corp. - July 7, 2025) - 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 fiscal first quarter ended May 31, 2025.First Quarter Summary Compared to the Prior Year First QuarterNet revenues were $7.1 million compared to $10.0 million.Average active PaperPie Brand Partners totaled 7,700 compared to 13,400.Loss before...
2025-07-07 4:00 PM EDT
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2025 Results
Tulsa, Oklahoma--(Newsfile Corp. - May 19, 2025) - 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 fiscal fourth quarter and fiscal year ended February 28, 2025.Fiscal Year Summary Compared to the Prior YearNet revenues of $34.2 million compared to $51.0 million.Average active PaperPie Brand Partners totaled 12,300 compared to 18,300.Loss...
2025-05-19 4:00 PM EDT
Educational Development Corporation Announces New Fiscal Year 2025 Earnings Call Date
Tulsa, Oklahoma--(Newsfile Corp. - May 5, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces a revised time and date of their fiscal year 2025 earnings call. EDC will host its Fiscal Year 2025 Earnings Call, including a live Q&A webcast, on Monday, May 19, 2025 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...
2025-05-05 4:00 PM EDT
Educational Development Corporation Announces Fiscal Year 2025 Earnings Call, 2025 Annual Meeting of Shareholders and Record Date
Tulsa, Oklahoma--(Newsfile Corp. - April 22, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal year 2025 earnings call, as well as the date of the Annual Shareholders Meeting and record date for Shareholder Proxy vote.EDC will host its Fiscal Year 2025 Earnings Call, including a live Q&A webcast, on Wednesday, May 21, 2025 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive...
2025-04-22 4:00 PM EDT
Educational Development Corporation Announces Extension of Credit Agreement With BOKF
Tulsa, Oklahoma--(Newsfile Corp. - April 17, 2025) - Educational Development Corporation (NASDAQ: EDUC) (the "Company") announced it has executed the Eighth Amendment ("Amendment") to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"). The Amendment, effective April 4, 2025, extends the maturity date on the Revolving Loan to July 11, 2025 and includes required step downs on the Revolving Loan to $4.5 million by May 31, 2025. The Amendment also extends the maturity dates...
2025-04-17 4:00 PM EDT
Educational Development Corporation Announces New Brokerage Agreement with Keen-Summit to Market the Sale of the Hilti Complex
Tulsa, Oklahoma--(Newsfile Corp. - March 24, 2025) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) executed a new brokerage agreement ("Agreement") with Keen-Summit Capital Partners, LLC ("Keen-Summit") for the marketing and brokerage services associated with the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hilti Complex"). The Agreement offers...
2025-03-24 4:36 PM EDT
Educational Development Corporation Announces Fiscal 2025 Third Quarter Results
Tulsa, Oklahoma--(Newsfile Corp. - January 13, 2025) - 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 fiscal third quarter ended November 30, 2024.Third Quarter Summary Compared to the Prior Year Third QuarterNet revenues were $11.1 million compared to $16.9 million.Average active PaperPie Brand Partners totaled 12,400 compared to...
2025-01-13 4:00 PM EST
Educational Development Corporation Announces Fiscal 2025 Third Quarter Earnings Call
Tulsa, Oklahoma--(Newsfile Corp. - December 12, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2025 third quarter earnings call.EDC will host its Fiscal Year 2025 Third Quarter Earnings Call, including a live Q&A webcast, on Monday, January 13, 2025, at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan...
2024-12-12 4:00 PM EST
Educational Development Corporation Announces Fiscal 2025 Second Quarter and Year to Date Results
Tulsa, Oklahoma--(Newsfile Corp. - October 10, 2024) - 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 fiscal second quarter ended August 31, 2024.Second Quarter Summary Compared to the Prior Year Second QuarterNet revenues were $6.5 million compared to $10.6 million.Average active PaperPie Brand Partners totaled 13,900 compared to...
2024-10-10 4:00 PM EDT
Educational Development Corporation Announces Extension of Credit Agreement with BOKF
Tulsa, Oklahoma--(Newsfile Corp. - October 7, 2024) - Educational Development Corporation (NASDAQ: EDUC) (the "Company") announced it has executed the Sixth Amendment ("Amendment") to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"). The Amendment, effective October 3, 2024, extends the maturity date to January 4, 2025 and includes required step downs on the Revolving Loan to $5.5 million by November 30, 2024.On September 19, 2024 the Company announced the executed...
2024-10-07 4:00 PM EDT
Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility
Tulsa, Oklahoma--(Newsfile Corp. - September 23, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) today announced that on September 19, 2024, it executed a Commercial Real Estate Contract ("Contract") with Partner Holdings or ("Buyer") for the sale of the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hilti Complex").The agreed upon sale price of...
2024-09-23 4:00 PM EDT
Educational Development Corporation Announces Fiscal 2025 Second Quarter Earnings Call
Tulsa, Oklahoma--(Newsfile Corp. - September 19, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2025 second quarter earnings call.EDC will host its Fiscal Year 2025 Second Quarter Earnings Call, including a live Q&A webcast, on Thursday, October 10, 2024 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer,...
2024-09-19 3:29 PM EDT
Educational Development Corporation Terminates Sale and Leaseback of Hilti Complex with Rockford Holdings
Tulsa, Oklahoma--(Newsfile Corp. - September 18, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) today announced that on September 12, 2024, the Company terminated its agreement with Rockford Holdings ("Rockford" or "Buyer") after receiving notice that Rockford could not meet the terms of the agreement to purchase the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa,...
2024-09-18 4:23 PM EDT
Educational Development Corporation Announces Fiscal 2025 First Quarter Results
Tulsa, Oklahoma--(Newsfile Corp. - July 11, 2024) - 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 fiscal first quarter ended May 31, 2024.First Quarter Summary Compared to the Prior Year First QuarterNet revenues were $10.0 million compared to $14.5 million.Average active PaperPie Brand Partners totaled 13,400 compared to 23,200.Average...
2024-07-11 4:00 PM EDT