Educational Development

Educational Development Corp. engages in the provision of educational children's books. It operates through the Home Business and Publishing segments. The Home Business (Usborne Books & More or UBAM) segment sells books through independent consultants directly to customers by hosting home parties, through social media collaboration platforms on the internet, by hosting book fairs with school and public libraries. The Publishing (EDC Publishing) segment sells its products to bookstores, toy stores, specialty stores, museums, and other retail outlets. The company was founded on August 23, 1965 and is headquartered in Tulsa, OK.

Earnings data Q4 2021

Earnings data Q1 2022

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Educational Development Corp focuses on cash flow amidst revenue decline

Educational Development Corporation prioritized cash flow amidst economic challenges, reporting lower net revenues and a net loss in Q4 2024.
Despite the challenges, strategic initiatives like the e-commerce platform launch and product diversification show a proactive approach to drive growth.
Opportunities for improvement include the sale and leaseback of the headquarters building and leveraging e-commerce for future expansion.

Educational Development Corp prioritizes cash flow amidst revenue challenges

Educational Development Corporation faced revenue challenges in Q1 but strategically managed cash flow and inventory, focusing on financial stability and operational efficiency.
The company's proactive approach to reducing expenses, increasing profitability, and strengthening the business model reflects a commitment to long-term financial health and growth.
While challenges persist in revenue generation and market reach, opportunities lie in transparent communication, innovative growth strategies, and financial optimization initiatives.
Navigating economic uncertainties and liquidity risks, Educational Development Corporation aims to adapt, innovate, and enhance financial resilience to drive sustainable performance and shareholder value.

Educational Development Corp addresses challenges with strategic initiatives for growth

Educational Development Corporation faced challenges in financial performance due to lower revenues and active partners, resulting in net losses.
Despite the setbacks, the company is proactively addressing issues through inventory management, sales initiatives, and strategic cost-saving measures.
Opportunities for improvement exist in leveraging the sale leaseback, enhancing sales strategies, and optimizing operations for long-term success.

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Educational Development Corp. engages in the provision of educational children's books. It operates through the PaperPie and Publishing segments. The PaperPie segment sells books through independent consultants directly to customers by hosting home parties, through social media collaboration platforms on the internet, by hosting book fairs with school and public libraries. The Publishing segment sells its products to bookstores, toy stores, specialty stores, museums, and other retail outlets. The company was founded on August 23, 1965 and is headquartered in Tulsa, OK.

TULSA, Okla., March 11, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in February 2021 totaling approximately $13.0 million, an increase of $6.3 million, or 94% over net revenues achieved in February 2020 of $6.7 million. Revenues for the fiscal fourth quarter totaled approximately $40.3 million, or 100% higher than net revenues reported in the fourth quarter last year. The Company also reports that net revenues for fiscal 2021 totaled approximately $204.6 million, or 81% higher than net revenues reported for fiscal year 2020 of $113.0 million.  The Company's Usborne Books & More (UBAM) division also finished February 2021 with approximately 57,600 active consultants, an increase of 95% over the number of active consultants at the end of February last year.

Educational Development Corporation Announces Record Monthly, Quarterly and Fiscal Net Revenues Estimates and Active Sales Consultants in the Company's UBAM Division

Educational Development saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before. The post Composite Rating For Educational Development Rises To 96 appeared first on Investor's Business Daily.

Composite Rating For Educational Development Rises To 96

EDUC is a children's book publisher that sells via MLM model and to retail brick-and-mortar outlets. The MLM model used is vastly different from "scummy" tactics deployed by typical MLMs like Herbalife and has positioned the company well for sustainable growth.

Educational Development Corp.: A Value Gem

TULSA, Okla., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in January 2021 totaling approximately $11.9 million, an increase of $6.6 million, or 125% over net revenues in January 2020.  The Company's Usborne Books & More (UBAM) division also finished January 2021 with approximately 59,100 active consultants, an increase of 85% over the number of active consultants at the end of January last year.

Educational Development Corporation Announces Record Monthly January Net Revenues and Active Sales Consultants in the Company's UBAM Division

TULSA, Okla., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports fiscal 2021 net revenue guidance in excess of $200.0 million and fiscal 2021 diluted earnings per share in excess of $1.45 per share.

Educational Development Corporation Announces Record Net Revenues and Earnings Estimates for Fiscal 2021

TULSA, Okla., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record net revenues and earnings per share results for the third quarter and year to date ended November 30, 2020.

Educational Development Corporation Announces Record Fiscal 2021 Third Quarter and Year to Date Results

TULSA, Okla., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in December 2020 totaling approximately $15.1 million and the active sales consultants in the Company's Usborne Books and More (UBAM) Sales Division grew to over 60,000 as of December 31, 2020.

Educational Development Corporation Announces Record Monthly December Net Revenues and Record Number Active Sales Consultants in the Company's UBAM Division

TULSA, Okla., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in the third quarter of fiscal 2021 totaling in excess of $66.8 million and the active sales consultants in the Company's Usborne Books and More (UBAM) Sales Division grew to over 60,400 as of November 30, 2020.

Educational Development Corporation Announces Record Third Quarter Net Revenues and Record Number Active Sales Consultants in the Company's UBAM Division

TULSA, Okla., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com), today announced that it will be presenting at the 13th Annual LD Micro Main Event Investor Conference on Tuesday, December 15th at 10:20 AM EST / 7:20 AM PST. Randall White, CEO and President, will be presenting to a live, virtual audience. 

Educational Development Corporation to present virtually at the 13th Annual LD Micro Main Event Conference

In this article you are going to find out whether hedge funds think Educational Development Corporation (NASDAQ:EDUC) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It's not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market.

Is Educational Development Corporation (EDUC) A Good Stock To Buy?

TULSA, Okla., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company will participate in the virtual Southwest IDEAS Investor Conference on November 19th, 2020. EDC's presentation will be webcasted and is scheduled to be available at 7:00 am CST on November 18th. The presentation can be accessed through the Southwest IDEAS conference portal for registered participants, on the IDEAS conference website: www.IDEASconferences.com, or on the Company's website: http://www.edcpub.com/investmentconference following the conference. The presentation includes guidance on net revenues and earnings per share for the fiscal year ending February 28, 2021.

Educational Development Corporation to Present Virtually and Host 1x1 Investor Meetings at the Annual Southwest IDEAS Investor Conference on November 19th

TULSA, Okla., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record monthly net revenues in October in excess of $23 million and grew to over 56,000 active sales consultants in the Company's Usborne Books and More (UBAM) Sales Division at the end of October.

Educational Development Corporation Announces Record October Revenues and Record Active Sales Consultant Count

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20 Pending Dividend Hikes For October To December

Educational Development Corporation (EDUC) CEO Randall White on Q2 2021 Results - Earnings Call Transcript

TULSA, Okla., Oct. 07, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record net revenues and earnings per share results for the second quarter and year to date ended August 31, 2020.

Educational Development Corporation Announces Record Fiscal 2021 Second Quarter and Year to Date Results Along With Increase in Quarterly Dividend

TULSA, Okla., Sept.  03, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports record estimated net revenues for the second fiscal quarter and record number of active consultants in August 2020.

Educational Development Corporation Announces Record Estimated Second Fiscal Quarter Net Revenues and Record Number of Active Consultants

TULSA, Okla., Aug.  27, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today announces the renewal of the revolving line of credit.  

Educational Development Corporation Announces Renewal of Revolving Line of Credit

TULSA, Okla., Aug.  06, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports record July net revenues and record number of active consultants at the end of July, 2020.

Educational Development Corporation Announces Record July Net Revenues and Record Number of Active Consultants

TULSA, Okla., July  15, 2020  (GLOBE NEWSWIRE) -- Randall White, CEO of Educational Development Corporation, announced in the first quarter earnings call held on July 15, 2020, that the Company’s recent growth in net revenues has continued into the second quarter of the fiscal year.  Mr. White identified that during June 2020, the first month of the second fiscal quarter, the Company recognized approximately $18 million in net revenues, compared to approximately $7 million of net revenues recorded in June of last year, an increase of  approximately $11 million, or 157%.  Mr. White also stated that June 2020 was the largest net revenues month in the Company’s history.   

Educational Development Corporation Announces Record June Net Revenues and Record Number of Active Consultants

Educational Development Corp (EDUC) CEO Randall White on Q1 2021 Results - Earnings Call Transcript

TULSA, Okla., July  09, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports net revenues and earnings per share results for the first quarter ended May 31, 2020.

Educational Development Corporation Announces Fiscal First Quarter 2021 Results

TULSA, Okla., June  08, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports the repayment of one of the Company’s outstanding loans.

Educational Development Corporation Announces Recent Repayment of Loan

Educational Development Corporation (EDUC) CEO Randall White on Q4 2020 Results - Earnings Call Transcript

TULSA, Okla., May  21, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports net revenues and earnings per share results for the fiscal year ended February 29, 2020.

Educational Development Corporation Announces Fiscal Fourth Quarter, Fiscal 2020 Results and Provides First Quarter Fiscal 2021 Revenue Guidance

TULSA, Okla., May  12, 2020  (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) ( http://www.edcpub.com ) today reports significant revenue growth in April from UBAM division and the repayment of the $1.4M loan drawn pursuant to the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

News for Educational Development Stock (EDUC)