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Tue, 12 Mar 2024 20:00:00 +0000	Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility Tulsa, Oklahoma--(Newsfile Corp. - March 12, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) today announced that on March 6, 2024, it executed a Letter of Intent ("LOI") with Blue Ledge Group ("Blue Ledge Group" or "Buyer") to enter into a Purchase and Sale Agreement ("the Purchase Agreement") for the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hi
Fri, 12 Jan 2024 13:14:47 +0000	Educational Development Corporation (NASDAQ:EDUC) Q3 2024 Earnings Call Transcript Educational Development Corporation (NASDAQ:EDUC) Q3 2024 Earnings Call Transcript January 11, 2024 Educational Development Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen and welcome to the Educational Development Corporation’s Third Quarter Fiscal Year 2024 […]
Thu, 11 Jan 2024 21:00:00 +0000	Educational Development Corporation Announces Fiscal Third Quarter and Fiscal 2024 Year-to-Date Results Tulsa, Oklahoma--(Newsfile Corp. - January 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 third quarter and year-to-date ended November 30, 2023.Third Quarter Summary Compared to the Prior Year Third QuarterNet revenues of $16.9 million, a decrease of $13.4 million, or 44.2%, compared to $30.3 million.Average active PaperPie Brand Pa
Wed, 03 Jan 2024 21:00:00 +0000	Educational Development Corporation Announces Fiscal 2024 Third Quarter Earnings Call Tulsa, Oklahoma--(Newsfile Corp. - January 3, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2024 third quarter earnings call.EDC will host its Third Quarter Fiscal Year 2024 Earnings Call, including a live Q&A webcast, on Thursday, January 11, 2024 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan ...
Thu, 28 Dec 2023 21:00:00 +0000	Educational Development Corporation Announces Executed Fourth Amendment to Credit Agreement Tulsa, Oklahoma--(Newsfile Corp. - December 28, 2023) - On December 28, 2023, Educational Development Corporation (NASDAQ: EDUC) announced, via press release, the executed the Fourth Amendment to its existing credit agreement with its bank. The Amendment, effective December 1, 2023, increases the Revolving Loan commitment to $8.0 million and extends the maturity date to May 31, 2024. The amendment also allows the Company to execute additional purchase orders, subject to lender ...
Wed, 15 Nov 2023 21:00:00 +0000	Educational Development Corporation Announces Board Approval to List Company Headquarters for Sale Tulsa, Oklahoma--(Newsfile Corp. - November 15, 2023) - On November 15, 2023, Educational Development Corporation (NASDAQ: EDUC) announced, via press release, Board of Director approval to list for sale the Company's headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma 74146 (the "Hilti Complex") with a licensed commercial real estate broker by November 30, 2023. The Hilti Complex consists of multiple buildings totaling 402,255 square feet of rent
Mon, 16 Oct 2023 12:20:02 +0000	Educational Development Corporation (NASDAQ:EDUC) Q2 2024 Earnings Call Transcript Educational Development Corporation (NASDAQ:EDUC) Q2 2024 Earnings Call Transcript October 12, 2023 Educational Development Corporation misses on earnings expectations. Reported EPS is $-0.1 EPS, expectations were $0.04. Operator: Good afternoon, ladies and gentlemen. Welcome to the Educational Development Corporation Second Quarter Fiscal Year 2024, Earnings Conference Call. At this time, all lines are in a […]
Thu, 12 Oct 2023 20:00:00 +0000	Educational Development Corporation Announces Fiscal Second Quarter and Fiscal 2024 Year-to-Date Results Tulsa, Oklahoma--(Newsfile Corp. - October 12, 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 second quarter and year-to-date ended August 31, 2023.Second Quarter Summary Compared to the Prior Year Second QuarterNet revenues of $10.6 million, a decrease of $8.8 million, or 45.4%, compared to $19.4 millionAverage active PaperPie Brand Par
Wed, 04 Oct 2023 20:00:00 +0000	Educational Development Corporation Announces Fiscal 2024 Second Quarter Earnings Call Tulsa, Oklahoma--(Newsfile Corp. - October 4, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2024 second quarter earnings call.EDC will host its Second Quarter Fiscal Year 2024 Earnings Call, including a live Q&A webcast, on Thursday, October 12, 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'K
Wed, 13 Sep 2023 20:12:00 +0000	Educational Development Corporation Announces Sale and Leaseback Agreement of Former Headquarters and Warehouse Facility Tulsa, Oklahoma--(Newsfile Corp. - September 13, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC" or "Seller") (http://www.edcpub.com) today announced that on September 11, 2023, it entered a Contract of Sale of Real Estate (the "Sale Agreement") with MA Temple Investments LLC ("MA Temple" or "Buyer"), for the sale of the Company's former headquarters and current bulk storage warehouse, located at 10302 East 55th Place, Tulsa, Oklahoma 74146. The purchase price for the property
Wed, 16 Aug 2023 21:01:00 +0000	Educational Development Corporation Announces Third Amendment to the Existing Credit Agreement Tulsa, Oklahoma--(Newsfile Corp. - August 16, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced the execution of the Third Amendment to the Existing Credit Agreement.Craig White, CEO of Educational Development Corporation, announced that the Company has executed the Third Amendment to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"), effective August 9, 2023. This amendment:Extends the Revolving Loan Maturity Date t
Thu, 10 Aug 2023 13:24:00 +0000	Educational Development Corporation Announces Planned Execution of New Credit Agreement with Lender Tulsa, Oklahoma--(Newsfile Corp. - August 10, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports it is finalizing a new loan agreement with it's lender, Bank of Oklahoma, to replace the expiring Revolving Promissory Note. The planned agreement will extend through January 31st, 2024. Full details of the terms of the agreement will be filed in the upcoming days."We have been working closely with our financial advisors and the
Sun, 16 Jul 2023 09:11:37 +0000	Educational Development Corporation (NASDAQ:EDUC) Q1 2024 Earnings Call Transcript Educational Development Corporation (NASDAQ:EDUC) Q1 2024 Earnings Call Transcript July 13, 2023 Operator: Good afternoon, ladies and gentlemen, and welcome to the Educational Development Corporation’s First Quarter Fiscal Year 2024 Earnings Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call […]
Fri, 14 Jul 2023 10:38:57 +0000	Q1 2024 Educational Development Corp Earnings Call Q1 2024 Educational Development Corp Earnings Call
Thu, 13 Jul 2023 20:00:00 +0000	Educational Development Corporation Announces First Quarter Fiscal Year 2024 Results Tulsa, Oklahoma--(Newsfile Corp. - July 13, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first quarter for fiscal year 2024.First Quarter Summary Compared to the Prior Year First QuarterNet revenues of $14.5 million, a decrease of $8.7 million, or 37.5%, compared to $23.2 million.Average active PaperPie brand partners totaled 23,200 compared to 32,200.Earnings (loss) before income taxes were $
Fri, 30 Jun 2023 14:50:00 +0000	Educational Development Corporation Announces Fiscal 2024 First Quarter Earnings Call Tulsa, Oklahoma--(Newsfile Corp. - June 30, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2024 first quarter earnings call.EDC will host its First Quarter Fiscal Year 2024 Earnings Call, including a live Q&A webcast, on Thursday, July 13, 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 ...
Tue, 20 Jun 2023 16:16:00 +0000	Educational Development Corporation to Present at the 13th Annual East Coast Ideas Investor Conference Held Virtually June 21 and 22, 2023 Tulsa, Oklahoma--(Newsfile Corp. - June 20, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books, educational toys and manipulatives for children, today announced that Craig White, President and CEO, Heather Cobb, Chief Sales and Marketing Officer and Dan O'Keefe, Chief Financial Officer will attend virtual investor meetings at the East Coast IDEAS Investor Conference on June 21st.About IDEAS Investor ConferencesThe miss
Fri, 12 May 2023 09:45:03 +0000	Q4 2023 Educational Development Corp Earnings Call Q4 2023 Educational Development Corp Earnings Call
Thu, 11 May 2023 21:04:00 +0000	Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2023 Results Tulsa, Oklahoma--(Newsfile Corp. - May 11, 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 fiscal fourth quarter and fiscal year ended February 28, 2023.Year-to-Date Summary Compared to the Prior YearNet revenues of $87.8 million, a decrease of $54.4 million, or 38.3%, compared to $142.2 million.Average active PaperPie Brand Partners tota
Tue, 02 May 2023 20:00:00 +0000	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 ...