earnings
confidence high
sentiment negative
materiality 0.70
EDC Q3 FY2025 revenue $11.1M (-34% YoY); net loss $(0.8)M vs profit $2.0M
EDUCATIONAL DEVELOPMENT CORP
2025-Q3 EPS reported
-$0.47
revenue$27,554,700
- Net revenues fell to $11.1M from $16.9M; average active PaperPie Brand Partners dropped to 12,400 from 16,400.
- GAAP EPS lost ($0.10) vs $0.24 diluted EPS in prior-year quarter; YTD net loss ($3.9M).
- CEO cites cost cuts: 50% space subleased, new freight carrier saved ~20% per shipment, Utah warehouse consolidated into Tulsa.
- Signed Purchase Sale Agreement for Hilti Complex sale/leaseback expected to close by March 31, 2025; proceeds to repay bank debt.
- Seventh amendment to credit agreement extends through April 4, 2025, to accommodate building sale close.