EDUC EDUCATIONAL DEVELOPMENT CORP

CIK 0000031667 50 ready 8-Ks latest July 14, 2026, 5:00 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing July 14, 2026, 5:00 PM ET

Top materiality 0.85

Event mix other_material ×18 · other ×11 · earnings ×11

Sentiment 14 pos · 10 neg · 26 neu

Latest earnings reported 2026-Q3

Executive change recent →

Recent 8-K filings for EDUC

Highest-materiality recent filing

EDC Q1 revenues down 31% to $10.0M; net loss expands; announces $35.5M sale/leaseback of Hilti Complex

July 11, 2024, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 7.01 item 9.01

Net revenues $10.0M (down 31% YoY); net loss $1.3M vs $0.9M; EPS loss $0.15.
Average active PaperPie Brand Partners fell to 13,400 from 23,200.

Read filing →

July 14, 2026, 5:00 PM ET other materiality 0.10 neutral item 5.07

Educational Development Corp. stockholders elect Stoots and Hooser as Class I directors

Bradley V. Stoots and Steven G. Hooser elected as Class I directors for three-year terms with 4,171,944 votes for each.
July 9, 2026, 4:00 PM ET earnings materiality 0.70 negative item 2.02 item 7.01 item 9.01

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

Net revenues $4.8M vs $7.1M prior year, a 33% decline.
June 16, 2026, 4:00 PM ET other materiality 0.10 neutral item 7.01 item 9.01

Educational Development schedules Q1 FY2027 earnings call for July 9, 2026

Earnings call on July 9, 2026 at 3:30 PM CT (4:30 PM ET) with live Q&A webcast.
May 19, 2026, 4:00 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

EDC fiscal Q4 net loss $3.1M; full-year net income $2.3M after $12.2M building sale gain

Net revenues FY2026 $22.9M vs $34.2M prior year; Q4 revenues $4.2M vs $6.6M.
April 21, 2026, 7:59 PM ET other material materiality 0.20 neutral item 7.01 item 8.01 item 9.01

EDC sets FY2026 earnings call for May 19 and annual meeting for July 8, 2026

Earnings call: May 19, 2026, 3:30 PM CT (4:30 PM ET); dial-in (800) 717-1738, ID 58335.
March 11, 2026, 7:59 PM ET debt materiality 0.55 positive item 1.01 item 9.01 ◈ Material Agreements

Educational Development enters $2M revolving credit facility with Regent Bank

Revolving loan up to $2M with 1-year maturity to March 6, 2027.
January 8, 2026, 6:59 PM ET earnings materiality 0.70 neutral item 2.02 item 7.01 item 9.01

EDC Q3 revenue $7.0M, net income $7.8M includes $12.2M building sale gain; cash $3.4M

Net revenues fell 37% YoY to $7.0M; avg. active PaperPie Brand Partners dropped to 5,100 from 12,400.
December 11, 2025, 6:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

EDC schedules fiscal Q3 2026 earnings call for Jan 8, 2026

Earnings call to be held Thursday, January 8, 2026 at 3:30 PM CT (4:30 PM ET).
October 28, 2025, 7:59 PM ET other material materiality 0.75 positive item 1.01 item 1.02 item 9.01

Educational Development Corp sells HQ for $32.2M, repays $30M bank debt, enters sale-leaseback

Sale of Hilti Complex for $32.2M to 10Mark 10K Industrial; proceeds repaid all BOKF debt (~$30M).
October 9, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02 item 7.01 item 9.01

EDUC Q2 revenue down 29% to $4.6M; net loss narrows to $(0.15)/share

Net revenues $4.6M vs $6.5M YoY; PaperPie Brand Partners fell to 5,800 avg from 13,900.
October 7, 2025, 7:59 PM ET other material materiality 0.75 positive item 1.01 item 9.01

EDC sells Hilti Complex for $32.2M; buyer proceeds, closing within 45 days

Purchase price reduced to $32.2M; buyer's notice to proceed waives escrow.
September 10, 2025, 7:59 PM ET earnings materiality 0.20 neutral item 7.01 item 9.01

Educational Development Corporation sets Q2 fiscal 2026 earnings call for October 9, 2025

Earnings call scheduled for October 9, 2025 at 3:30 PM CT (4:30 PM ET).
August 21, 2025, 7:59 PM ET other material materiality 0.70 positive item 1.01 item 9.01

EDC sells headquarters for $32.5M in sale-leaseback to repay bank debt

Sale price $32.5M for 402,000 sq ft complex; proceeds to pay off Term Loans and Revolving Loan from bank.
August 12, 2025, 7:59 PM ET debt materiality 0.55 neutral item 1.01 item 9.01

Educational Development extends revolving credit maturity to September 19, 2025

Executed Ninth Amendment with BOKF, NA; effective July 11, 2025.
July 31, 2025, 7:59 PM ET other material materiality 0.75 negative item 1.02 item 9.01

EDC terminates sale-leaseback of Hilti Complex after buyer backs out

TG OTC, LLC terminated the purchase agreement for EDC's HQ and warehouse on July 28, 2025, after due diligence.
July 8, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

EDUC shareholders elect Dr. Amy N. Emerson as director, ratify auditor

Dr. Amy N. Emerson elected Class III director (3-yr term) with 5,074,815 for, 89,861 withheld, 1,360,847 broker non-votes.
July 7, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02 item 7.01 item 9.01

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

Net revenues $7.1M vs $10.0M in prior-year Q1; net loss $1.1M vs $1.3M.
June 30, 2025, 7:59 PM ET other material materiality 0.40 neutral item 1.01

EDC extends due diligence on Tulsa HQ sale to Sep 11, 2025; closing timeline shortened

Amendment to real estate contract with TG OTC, LLC for Hilti Complex dated June 26, 2025.
June 9, 2025, 7:59 PM ET other materiality 0.05 neutral item 7.01 item 9.01

Educational Development schedules Q1 FY2026 earnings call for July 7, 2025

Fiscal Q1 2026 earnings call set for Monday, July 7, 2025 at 3:30 PM CT (4:30 PM ET).
May 19, 2025, 7:59 PM ET other material materiality 0.80 positive item 1.01 item 2.02 item 5.02 item 7.01 item 9.01 ◈ executive_change ×2

Educational Development Corp signs $35.15M sale-leaseback for HQ; reports FY2025 net loss of $5.3M

Executed Purchase and Sale Agreement with TG OTC, LLC for Hilti Complex at $35.15M; proceeds to fully pay down all bank debts. Expected close by early September 2025.
May 5, 2025, 7:59 PM ET other material materiality 0.15 neutral item 7.01 item 9.01

Educational Development Corporation moves FY2025 earnings call to May 19, 2025

Earnings call rescheduled to Monday, May 19, 2025 at 3:30 PM CT (4:30 PM ET).
April 22, 2025, 7:59 PM ET other material materiality 0.15 neutral item 7.01 item 8.01 item 9.01

EDC sets FY2025 earnings call for May 21 and annual meeting for July 2

Earnings call on May 21, 2025 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe will present.
April 17, 2025, 7:59 PM ET debt materiality 0.65 positive item 1.01 item 9.01

EDC secures 8th amendment to credit agreement with BOKF; extends loans to July/Sept 2025

Revolving loan maturity extended to July 11, 2025; balance to step down to $4.5M by May 31, 2025.
March 24, 2025, 7:59 PM ET other material materiality 0.55 neutral item 1.01 item 9.01

EDC engages Keen-Summit to market sale of Hilti Complex HQ and warehouse

Brokerage agreement signed March 21, 2025 with Keen-Summit Capital Partners to market the Hilti Complex for nine months.
January 27, 2025, 6:59 PM ET other material materiality 0.40 neutral item 1.01

Buyer seeks 30-day due diligence extension for EDC's headquarters sale

On Jan 21, 2025, Partner Holdings requested to extend due diligence period on EDC's headquarters sale.
January 14, 2025, 6:59 PM ET leadership materiality 0.40 neutral item 5.02 item 9.01 ◈ executive_change ×2

Chairman Randall White resigns; CEO Craig White appointed Chairman

Randall White resigned as Chairman and Director effective Jan 8, 2025; no disagreements with management or accounting.
January 13, 2025, 6:59 PM ET earnings materiality 0.70 negative item 2.02 item 7.01 item 9.01

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

Net revenues fell to $11.1M from $16.9M; average active PaperPie Brand Partners dropped to 12,400 from 16,400.
December 12, 2024, 6:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

EDC schedules fiscal 2025 Q3 earnings call for January 13, 2025; no financial results released

Earnings call on Monday, January 13, 2025, at 3:30 PM CT (4:30 PM ET).
October 10, 2024, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 7.01 item 9.01

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

Net revs $6.5M (-39% YoY); net loss $(1.8)M vs profit $1.1M; diluted EPS $(0.22) vs $0.13.
October 7, 2024, 7:59 PM ET debt materiality 0.75 positive item 1.01 item 9.01

EDUC extends credit facility to Jan 2025; steps down to $5.5M, ties to HQ sale payoff

Sixth Amendment to Credit Agreement with BOKF extends maturity to January 4, 2025.
September 23, 2024, 7:59 PM ET other material materiality 0.75 positive item 1.01 item 9.01

Educational Development Corp sells headquarters for $38.25M and enters 15-year leaseback

Sale price of $38.25M; proceeds to pay off Term Loans and Revolving Loan under Credit Agreement.
September 19, 2024, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

EDUC schedules fiscal Q2 2025 earnings call for Oct 10, 2024

Earnings call on Thursday, October 10, 2024 at 3:30 PM CT (4:30 PM ET).
September 18, 2024, 7:59 PM ET other material materiality 0.50 neutral item 1.02 item 9.01

EDC terminates sale-leaseback of Hilti Complex with Rockford Holdings

Rockford notified EDC on Sept 12, 2024 it could not meet original purchase agreement; parties mutually terminated.
August 12, 2024, 7:59 PM ET other materiality 0.10 neutral item 5.07

Educational Development Corp reports annual meeting voting results; directors reelected

Stockholders reelected Craig M. White (4,683,888 for) and Dr. Kara Gae Neal (4,967,956 for) as Class II directors for three-year terms.
August 5, 2024, 7:59 PM ET other material materiality 0.15 neutral item 1.01

EDC extends inspection period for sale of Tulsa HQ/warehouse to Sep 4, 2024

Amendment extends due diligence period from Aug 5 to Sep 4, 2024 for Hilti Complex sale.
July 11, 2024, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 7.01 item 9.01

EDC Q1 revenues down 31% to $10.0M; net loss expands; announces $35.5M sale/leaseback of Hilti Complex

Net revenues $10.0M (down 31% YoY); net loss $1.3M vs $0.9M; EPS loss $0.15.
July 8, 2024, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

EDC schedules fiscal Q1 2025 earnings call for July 11, 2024

Earnings call scheduled for Thursday, July 11, 2024 at 3:30 PM CT (4:30 PM ET).
July 1, 2024, 7:59 PM ET leadership materiality 0.20 neutral item 5.02 ◈ executive_change

Educational Development Corp appoints Dr. Amy Emerson to Board of Directors

Dr. Amy Emerson, a pediatrician and advocate for early literacy, appointed as Class II Director.
June 17, 2024, 7:59 PM ET debt materiality 0.70 positive item 1.01 item 9.01

EDUC executes Fifth Amendment to Credit Agreement, cuts revolver to $7M and ties further reduction to HQ sale

Fifth Amendment effective May 31, 2024 sets max revolver availability to $7.0M through Oct 4, 2024.
June 12, 2024, 7:59 PM ET other material materiality 0.65 positive item 1.01 item 9.01

EDC sells headquarters for $35.5M, enters 10-year leaseback; proceeds to pay off bank loans

Sale price of Hilti Complex: $35,500,000; proceeds used to pay off Term Loans and Revolving Loan.
May 30, 2024, 7:59 PM ET other material materiality 0.55 positive item 8.01 item 9.01

Educational Development Corporation signs triple-net lease for 111,000 sq ft at Hilti Complex, starting July 1, 2024

Lease for approximately 111,000 sq ft of unused office/warehouse space at 5402 S 122nd E Ave, Tulsa, OK (Hilti Complex).
May 21, 2024, 7:59 PM ET earnings materiality 0.65 negative item 2.02 item 7.01 item 9.01

EDC Q4 revenues fall 40% YoY to $9.0M; FY2024 net income of $0.5M vs prior loss

FY2024 net revenues $51.0M, down 42% from $87.8M; net earnings $0.5M vs $(2.5M) loss.
May 2, 2024, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 8.01 item 9.01

Educational Development schedules FY2024 earnings call for May 21; annual meeting July 10

Fiscal year 2024 earnings call on May 21, 2024 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe to present.
March 12, 2024, 7:59 PM ET other material materiality 0.75 positive item 1.01 item 9.01 ◈ Material Agreements

EDC sells HQ and warehouse for $37.75M in sale-leaseback; proceeds to repay bank debt

Sale price of Hilti Complex in Tulsa, OK totals $37.75M under LOI with Blue Ledge Group.
January 17, 2024, 6:59 PM ET regulatory materiality 0.60 positive item 8.01

Educational Development regains NASDAQ bid price compliance

Received deficiency notice on Dec 5, 2023 for stock below $1.00 per share.
January 11, 2024, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

EDC Q3 revenue down 44% to $16.9M; net income $2.0M vs $0.0M, boosted by $4M sale-leaseback gain

Net revenues $16.9M, down 44.2% YoY; diluted EPS $0.24 vs $0.00.
January 3, 2024, 6:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

EDC schedules Q3 FY2024 earnings call for January 11, 2024

Call on Thursday, Jan 11, 2024 at 3:30 PM CT (4:30 PM ET).
December 28, 2023, 6:59 PM ET debt materiality 0.55 neutral item 1.01 item 9.01 ◈ Material Agreements

EDUC increases revolver to $8M, extends maturity; plans sale-leaseback of HQ

Revolving loan commitment raised to $8.0M and maturity extended to May 31, 2024.
December 7, 2023, 6:59 PM ET regulatory materiality 0.70 negative item 3.01 ◈ Listing & Compliance Notices ×2

Educational Development receives Nasdaq deficiency notices for bid price and board independence

Bid price below $1.00 from Oct 23 to Dec 3, 2023; 180-day cure period granted.
November 15, 2023, 6:59 PM ET other material materiality 0.75 positive item 5.02 item 8.01 item 9.01 ◈ executive_change

EDUC board approves listing HQ for sale (~$40.5M) to reduce debt; director resigns

Director John A. Clerico resigned effective Nov 10, 2023; board now has 2 independent, 2 non-independent (deficiency).