Educational Development Q1 net revenue down 29% to $7.1M; net loss narrows to $1.1M

EDUCATIONAL DEVELOPMENT CORP

2026-Q1 EPS reported -$0.13 revenue$7,106,400

Net revenues $7.1M vs $10.0M in prior-year Q1; net loss $1.1M vs $1.3M.
Average active PaperPie Brand Partners fell to 7,700 from 13,400.
Loss per share $(0.13) on 8.6M diluted shares vs $(0.15).
CEO: discount promotions used to increase cash, reducing gross margins; cost reductions narrowed losses.
Amendment to Hilti Complex sale agreement extends due diligence; sale expected to retire all lender debt.

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