---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-002865"
form_type: "8-K"
ticker: "EDUC"
cik: "0000031667"
company_name: "EDUCATIONAL DEVELOPMENT CORP"
filed_at: "2026-07-09T20:00:30+00:00"
generated_at: "2026-07-09T20:01:05.803854+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EDC reports Q1 FY2027 net revenue down 33% to $4.8M; loss per share $(0.16)

## Summary
- Net revenues $4.8M vs $7.1M prior year, a 33% decline.
- Net loss $(1.4)M vs $(1.1)M; diluted loss per share $(0.16) vs $(0.13).
- Average active PaperPie Brand Partners fell to 5,300 from 7,700.
- Cash increased to $1.8M from $1.3M; cost reduction plan targets $1.2M in FY2027 G&A savings.
- One-time $0.1M write-down on assets held for sale (legacy pick & pack system).

## SEC filing metadata
- accession: 0001185185-26-002865
- form_type: 8-K
- ticker: EDUC
- cik: 0000031667
- company_name: EDUCATIONAL DEVELOPMENT CORP
- filed_at: 2026-07-09T20:00:30+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/31667/000118518526002865/0001185185-26-002865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31667/000118518526002865/educ8k070826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-002865
- JSON: https://secwatch.observer/filing/0001185185-26-002865.json
- Plain text: https://secwatch.observer/filing/0001185185-26-002865.txt

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