---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-000021"
form_type: "8-K"
ticker: "EDUC"
cik: "0000031667"
company_name: "EDUCATIONAL DEVELOPMENT CORP"
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T04:05:56.206027+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EDC Q3 FY2025 revenue $11.1M (-34% YoY); net loss $(0.8)M vs profit $2.0M

## Summary
- 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.

## SEC filing metadata
- accession: 0001185185-25-000021
- form_type: 8-K
- ticker: EDUC
- cik: 0000031667
- company_name: EDUCATIONAL DEVELOPMENT CORP
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31667/000118518525000021/0001185185-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31667/000118518525000021/edc20250110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000021
- JSON: https://secwatch.observer/filing/0001185185-25-000021.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.