Educational Development Corporation News Releases

Educational Development Corporation Announces Fiscal Year 2026 Earnings Call, 2026 Annual Meeting of Shareholders and Record Date

Tue, 21 Apr 2026 16:04:00 -0400

Tulsa, Oklahoma--(Newsfile Corp. - April 21, 2026) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal year 2026 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 2026 Earnings Call, including a live Q&A webcast, on Tuesday, May 19, 2026 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and...

Educational Development Corporation Announces New Loan Agreement and Banking Relationship

Wed, 11 Mar 2026 16:30:00 -0400

Tulsa, Oklahoma--(Newsfile Corp. - March 11, 2026) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced that the Company has executed a new Credit Agreement ("Loan Agreement") with Regent Bank. The Loan Agreement establishes a revolving promissory note in the principal amount up to $2,000,000 (the "Revolving Loan"). Interest shall be calculated each month on the borrowings outstanding. No funds were initially drawn on the agreement. The Credit...

Educational Development Corporation Announces Fiscal 2026 Third Quarter and Year to Date Results

Thu, 08 Jan 2026 16:25:00 -0500

Tulsa, Oklahoma--(Newsfile Corp. - January 8, 2026) - 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, 2025.Third Quarter Summary Compared to the Prior Year Third QuarterNet revenues were $7.0 million compared to $11.1 million.Average active PaperPie Brand Partners totaled 5,100 compared to 12,400.Earnings...

Educational Development Corporation Announces Completion of Corporate Headquarters Sale for 32.2 Million

Tue, 28 Oct 2025 16:00:00 -0400

Use of Proceeds to Eliminate Outstanding Debt 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...

Educational Development Corporation Announces Fiscal 2026 Second Quarter and Year to Date Results

Thu, 09 Oct 2025 16:00:00 -0400

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...

Educational Development Corporation Announces 1st Amendment to Real Estate Contract and Receipt of Buyers Intent to Proceed with Purchase of Real Estate

Mon, 06 Oct 2025 17:48:00 -0400

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...

Educational Development Corporation Announces Fiscal Year 2026 Second Quarter Earnings Call

Wed, 10 Sep 2025 16:00:00 -0400

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 Officer,...

Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility

Thu, 21 Aug 2025 16:00:00 -0400

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 executed...

Educational Development Corporation Announces Extension of Credit Agreement with BOKF

Tue, 12 Aug 2025 16:00:00 -0400

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...

Educational Development Corporation Announces Fiscal 2026 First Quarter Results

Mon, 07 Jul 2025 16:00:00 -0400

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 income...