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Latest EDUC News From Around the Web
Below are the latest news stories about EDUCATIONAL DEVELOPMENT CORP that investors may wish to consider to help them evaluate EDUC as an investment opportunity.
Educational Development Corporation Announces Board Approval to List Company Headquarters for SaleTulsa, 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 |
Educational Development Corporation (NASDAQ:EDUC) Q2 2024 Earnings Call TranscriptEducational 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 […] |
Educational Development Corporation Announces Fiscal Second Quarter and Fiscal 2024 Year-to-Date ResultsTulsa, 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 |
Educational Development Corporation Announces Fiscal 2024 Second Quarter Earnings CallTulsa, 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 |
Educational Development Corporation Announces Sale and Leaseback Agreement of Former Headquarters and Warehouse FacilityTulsa, 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 |
Educational Development Corporation Announces Third Amendment to the Existing Credit AgreementTulsa, 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 |
Educational Development Corporation Announces Planned Execution of New Credit Agreement with LenderTulsa, 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 |
Educational Development Corporation (NASDAQ:EDUC) Q1 2024 Earnings Call TranscriptEducational 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 […] |
Q1 2024 Educational Development Corp Earnings CallQ1 2024 Educational Development Corp Earnings Call |
Educational Development Corporation Announces First Quarter Fiscal Year 2024 ResultsTulsa, 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 $ |