EDUC reports Q2 revenue down 39% to $6.5M, net loss of $1.8M vs profit of $1.1M last year

EDUCATIONAL DEVELOPMENT CORP

2025-Q2 EPS reported -$0.37 revenue$16,502,600

Net revs $6.5M (-39% YoY); net loss $(1.8)M vs profit $1.1M; diluted EPS $(0.22) vs $0.13.
Average active PaperPie Brand Partners 13,900 vs 18,100 (-23% YoY).
Year-to-date net revs $16.5M vs $25.1M; net loss $(3.1)M vs profit $0.2M; diluted EPS $(0.37) vs $0.02.
CEO: LOI to sell/lease back Hilti Complex; expect close by end of calendar year; proceeds to fully repay bank debt.
Cost reductions: leased ~50% warehouse space, switched freight carrier (20% cost savings), consolidated Utah warehouse.

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