Educational Development Corporation Announces Fiscal Year 2023 Earnings Call, 2023 Annual Meeting of Shareholders and Record Date
Tulsa, Oklahoma--(Newsfile Corp. - May 2, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal year 2023 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 2023 Earnings Call, including a live Q&A webcast, on Thursday, May 11, 2023 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer...
2023-05-02 4:00 PM EDT
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...
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...
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...
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...
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...
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...
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...
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...
2022-08-11 4:00 PM EDT
Educational Development Corporation Announces First Quarter Fiscal Year 2023 Results
Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first quarter for fiscal year 2023.First Quarter Highlights Compared to the Prior Year First QuarterNet revenues of $23.2 million, a decrease of $17.6 million, or 43.1%, compared to $40.8 million.Average active UBAM sales consultants totaled 32,200 compared to 55,100.Earnings before income taxes were...
2022-07-06 6:00 PM EDT
Educational Development Corporation Announces 2022 Annual Meeting of Shareholders and Record Date
Tulsa, Oklahoma--(Newsfile Corp. - May 27, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today announces the date of the annual shareholders meeting and record date of shareholders.The Annual Meeting of Shareholders of Educational Development Corporation will be held on July 6, 2022 at 10:00 a.m. at the Corporate Offices, 5402 S. 122nd East Ave in Tulsa, Oklahoma. Shareholders of record at the close of business on June 2, 2022 are...
2022-05-27 5:19 PM EDT
Educational Development Corporation Announces New Distribution Agreement with Usborne Publishing Limited
Tulsa, Oklahoma--(Newsfile Corp. - May 19, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today reports a new Distribution Agreement with Usborne Publishing Limited effective May 16, 2022.Under the terms of the new agreement, EDC's UBAM direct sales division will have continuous access to sell Usborne titles through its sales channels. UBAM will also continue to have non-exclusive rights to sell Usborne titles to individuals in the...
2022-05-19 4:00 PM EDT
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal Year 2022 Results
Tulsa, Oklahoma--(Newsfile Corp. - May 4, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the fiscal fourth quarter and fiscal year ended February 28, 2022.Fiscal Year End Highlights Compared to the Prior YearNet revenues of $142.2 million, a decrease of $62.4 million, or 30.5%, compared to $204.6 million.Average active UBAM sales consultants totaled 44,900.Earnings before income taxes were $11.2...
2022-05-04 5:00 PM EDT
Educational Development to Present at The Sidoti Virtual Investor Conference on March 24, 2022
Tulsa, Oklahoma--(Newsfile Corp. - March 18, 2022) - Educational Development Corporations (NASDAQ: EDUC), a publishing company specializing in books for children, today announced that the Company will present and host one-on-one meetings at the Sidoti Spring Virtual Investor Conference taking place on March 23-24, 2022. Craig White, President and CEO will provide an update on the business.The presentation will begin at 10:00 AM Eastern Time on March 24, 2022. Educational Development will also...
2022-03-18 11:43 AM EDT
Educational Development Corporation Announces Fiscal Year 2022 Third Quarter and Year-To-Date Results
Tulsa, Oklahoma--(Newsfile Corp. - January 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the third quarter and year-to-date ended November 30, 2021.Pre-COVID, COVID Impacted and Current Year Comparison"We are encouraged to report that we continue to exceed pre-pandemic levels in our fiscal third quarter with increases in net revenues and average number of consultants and improved after tax...
2022-01-06 4:00 PM EST
Educational Development Corp. to Host Third Quarter 2021 Earnings Call
Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2021) - Educational Development Corp. (NASDAQ: EDUC), a publishing company specializing in books for children, today announced plans to release financial results for its third fiscal quarter ended November 30, 2021. The company will announce earnings after the close on January 6, 2022. Educational Development Corp. will also host an earnings conference call followed by a question-and-answer session to be held on January 6, 2022 at 4:30 PM...
2021-12-22 12:02 PM EST
Educational Development Corporation Announces Strategic Acquisition of Learning Wrap-Ups
Tulsa, Oklahoma--(Newsfile Corp. - December 6, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") today announced that the Company has completed the purchase of Learning Wrap-Ups, Inc."We are pleased to have completed the previously announced acquisition of Learning Wrap-Ups, Inc. and have the entire LWU staff, led by Ron and Rich Stuart, join our EDC family. We have been working with Learning Wrap-Ups since 1995 and believe their manipulative learning...
2021-12-06 8:00 AM EST
Educational Development Corporation Announces Fourth Amendment to Amended and Restated Loan Agreement Which Establishes $10,000,000 Term Loan #2
Tulsa, Oklahoma--(Newsfile Corp. - November 24, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced the execution of the Fourth Amendment to Amended and Restated Loan Agreement.Craig White, CEO of Educational Development Corporation, announced that the Company has executed the Fourth Amendment to the Amended and Restated Loan Agreement with its primary lender. The Amendment modifies the Loan Agreement, establishing Term Loan #2 in the...
2021-11-24 4:34 PM EST
Educational Development Corporation to Present at the 13th Annual Southwest IDEAS Investor Conference on November 17th & 18th in Dallas, TX
Tulsa, Oklahoma--(Newsfile Corp. - November 15, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), today announced that Craig White, President and Chief Executive Officer and Heather Cobb, Chief Sales and Marketing Officer will present at the Southwest IDEAS Investor Conference on November 18th, 2021 at the Westin Dallas Downtown in Dallas, TX. EDC's presentation is scheduled to begin at 2:15 PM CST. The presentation will be webcast live and may be accessed...
2021-11-15 5:00 PM EST
Educational Development Corporation Announces Strategic Acquisition of Learning Wrap-Ups
Tulsa, Oklahoma--(Newsfile Corp. - November 1, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") today announced that the Company has executed a Letter of Intent to purchase Learning Wrap-Ups, Inc. "We are pleased to acquire Learning Wrap-Ups and have their leadership team, Ron and Rich Stuart, join our EDC family. The supplemental products of Learning Wrap-Ups were initially created over 35 years ago and we have sold these high-quality educational tools...
2021-11-01 5:52 PM EDT