Educational Development Corporation (EDUC)

🇺🇸NASDAQ

1.88 +0.02 (1.08%)

At close: Jul 05, 2024, 4:00 PM

Market Cap16.1M
Days Range1.84 - 1.88
52 Week Range2.95 - 0.8
Volume6456
EPS (ttm)0.07
PE Ratio26.86

1.08% (1D)

Educational Development Corporation News

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11 hours ago - investorplace.com

Worth a Read! 3 Hot Publishing Stocks to Buy This Summer.

Publishing stocks are shares of companies that publish books, newspapers, magazines, literature, journals, educational materials and other forms of media.  Most folks tend to overlook publishing stocks because they don't find them as glamorous as tech or exciting startups.


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2 weeks ago - newsfilecorp.com

Educational Development Corporation Announces Executed Fifth Amendment to Credit Agreement

Tulsa, Oklahoma--(Newsfile Corp. - June 17, 2024) - Educational Development Corporation (NASDAQ: EDUC) (the "Company") executed the Fifth Amendment ("Amendment") to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"). The Amendment, effective May 31, 2024, adjusts the maximum availability of the Revolving Loan commitment to $7.0 million through the maturity date of October 4, 2024.


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3 weeks ago - newsfilecorp.com

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

Tulsa, Oklahoma--(Newsfile Corp. - June 12, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", the "Company" or "Seller") (http://www.edcpub.com) today announced that on June 6, 2024, it executed a Commercial Real Estate Contract ("Contract") with Rockford Holdings ("Rockford" 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 the Hilti Complex per the executed Contract totaled $35,500,000.


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1 month ago - newsfilecorp.com

Educational Development Corporation Announces Execution of New Tenant Lease Agreement for Available Space at Hilti Complex

Tulsa, Oklahoma--(Newsfile Corp. - May 30, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC" or "Landlord") (http://www.edcpub.com) announced it has entered into a triple-net ("NNN") lease (the "Lease") agreement for approximately 111,000 square feet of unused office and warehouse space in it's property located at 5402 S. 122nd East Ave, Tulsa, OK 74146 (the "Hilti Complex") with a new tenant ("Tenant").


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1 month ago - seekingalpha.com

Educational Development Corporation (EDUC) Q1 2024 Earnings Call Transcript

Educational Development Corporation (NASDAQ:EDUC ) Q1 2024 Earnings Conference Call May 21, 2024 4:30 PM ET Company Participants John Beisler - IR Craig White - President and CEO Dan O'Keefe - CFO Heather Cobb - Chief Sales and Marketing Officer Conference Call Participants Paul Carter - Capstone Asset Management Operator Good afternoon, ladies and gentlemen, and welcome to the Educational Development Corporation's Fiscal Year 2024 Earnings Call. At this time, all lines are in listen-only mode.


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1 month ago - newsfilecorp.com

Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2024 Results

Tulsa, Oklahoma--(Newsfile Corp. - May 21, 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 fourth quarter and fiscal year ended February 29, 2024. Fiscal Year Summary Compared to the Prior Year Net revenues of $51.0 million compared to $87.8 million.


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2 months ago - newsfilecorp.com

Educational Development Corporation Announces Fiscal Year 2024 Earnings Call, 2024 Annual Meeting of Shareholders and Record Date

Tulsa, Oklahoma--(Newsfile Corp. - May 2, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal year 2024 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 2024 Earnings Call, including a live Q&A webcast, on Tuesday, May 21, 2024 at 3:30 PM CT (4:30 PM ET).


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3 months ago - newsfilecorp.com

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 "Hilti Complex"). The agreed upon sale price of the Hilti Complex per the executed LOI totaled $37,750,000.


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5 months ago - seekingalpha.com

Educational Development Corporation (EDUC) Q3 2024 Earnings Call Transcript

Educational Development Corporation (EDUC) Q3 2024 Earnings Call Transcript


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5 months ago - newsfilecorp.com

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 Quarter Net revenues of $16.9 million, a decrease of $13.4 million, or 44.2%, compared to $30.3 million.


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6 months ago - newsfilecorp.com

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).


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6 months ago - newsfilecorp.com

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.


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7 months ago - newsfilecorp.com

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 rentable office and warehouse space on 34-acres.


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8 months ago - seekingalpha.com

Educational Development Corporation (EDUC) Q2 2024 Earnings Conference Call Transcript

Educational Development Corporation (NASDAQ:EDUC ) Q2 2024 Earnings Conference Call October 12, 2023 4:30 PM ET Company Participants Steven Hooser - IR Craig White - President and CEO Dan O'Keefe - CFO Heather Cobb - Chief Sales & Marketing Officer Conference Call Participants Randy Freed - R L Capital LLC Operator Good afternoon, ladies and gentlemen. Welcome to the Educational Development Corporation Second Quarter Fiscal Year 2024, Earnings Conference Call.


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8 months ago - newsfilecorp.com

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 Quarter Net revenues of $10.6 million, a decrease of $8.8 million, or 45.4%, compared to $19.4 million Average active PaperPie Brand Partners totaled 18,100 compared to 26,800.


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9 months ago - newsfilecorp.com

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).


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9 months ago - newsfilecorp.com

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 in the agreement totaled $5,100,000.


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10 months ago - newsfilecorp.com

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.


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11 months ago - newsfilecorp.com

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.


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11 months ago - seekingalpha.com

Educational Development Corporation (EDUC) Q1 2024 Earnings Call Transcript

Educational Development Corporation (NASDAQ:EDUC ) Q1 2024 Earnings Conference Call July 13, 2023 4:30 PM ET Company Participants Jean Marie Young - IR, Three Part Advisors Craig White - President and Chief Executive Officer Dan O'Keefe - Chief Financial Officer Heather Cobb - Chief Sales and Marketing Officer Conference Call Participants Frank Goodell - Gene Goodell Associates 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.


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11 months ago - newsfilecorp.com

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 Quarter Net revenues of $14.5 million, a decrease of $8.7 million, or 37.5%, compared to $23.2 million.


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1 year ago - newsfilecorp.com

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 Conferences The mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present their investment merits to an influential audience of investment professionals.


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1 year ago - seekingalpha.com

Educational Development Corporation (EDUC) Q3 2023 Earnings Call Transcript

Educational Development Corporation (NASDAQ:EDUC ) Q3 2023 Earnings Conference Call January 5, 2023 4:30 PM ET Corporate Participants Steven Hooser - Investor Relations Craig White - President and Chief Executive Officer Dan O'Keefe - Chief Financial Officer Heather Cobb - Chief Sales & Marketing Officer Conference Call Participants Operator Good afternoon, everyone. And thank you for participating in today's conference call to discuss Educational Development Corporation's Financial and Operating Results for its Fiscal Third Quarter and Fiscal 2023 Year-to-date Results.


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1 year ago - newsfilecorp.com

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).


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1 year ago - seekingalpha.com

Educational Development Corporation (EDUC) Q2 2023 Earnings Call Transcript

Educational Development Corporation (NASDAQ:EDUC ) Q2 2023 Earnings Conference Call October 6, 2022 4:30 PM ET Company Participants Steven Hooser - Investor Relations Craig White - President and Chief Executive Officer Dan O'Keefe - Chief Financial Officer & Secretary Heather Cobb - Chief Sales & Marketing Officer Conference Call Participants Operator Good afternoon, everyone. And thank you for participating in today's conference call to discuss Educational Development Corporation's Financial and Operating Results for its Fiscal Second Quarter and Fiscal 2023 Year-to-date Results.