Welcome to our dedicated page for Education Dvel news (Ticker: EDUC), a resource for investors and traders seeking the latest updates and insights on Education Dvel stock.
Education Dvel (EDUC) provides investors and stakeholders with comprehensive updates on its educational publishing children's books and learning materials. This page consolidates official announcements, strategic initiatives, and operational developments from the company's dual publishing and direct sales divisions.
Access timely updates on earnings reports, product launches, and distribution partnerships, alongside insights into EDUC's retail network expansion and e-commerce platform enhancements. The resource also covers the company's unique sale/leaseback real estate strategies and PaperPie Division developments in multi-level marketing.
Bookmark this page to monitor EDUC's progress in merging traditional publishing with modern sales channels while maintaining financial discipline through operational optimizations. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Educational Development Corporation (NASDAQ: EDUC) completed the sale of its headquarters and distribution warehouse (the "Hilti Complex") on October 27, 2025 for $32,200,000. Proceeds were used to pay off the Company's term loans and revolving loan under its bank Credit Agreement, eliminating outstanding bank borrowings.
The company assigned third-party tenant leases to the buyer, executed a separate triple-net lease for its occupied space, and retained a 17-acre adjacent land parcel valued at $2.0 million. Management estimates the transaction will improve annual cash flow by approximately $1.0 million and expects further cash-flow gains as excess inventory is converted to cash.
Educational Development Corporation (NASDAQ: EDUC) reported fiscal Q2 results for the period ended August 31, 2025. Net revenues fell to $4.62M from $6.51M in prior-year Q2 and YTD revenues were $11.73M versus $16.50M a year earlier. The company reported a Q2 net loss of $1.29M (loss per share $(0.15)) versus a prior-year Q2 net loss of $1.80M (loss per share $(0.22)).
Management said a buyer group gave notice to proceed on the Hilti Complex sale, expected to close mid-November, with proceeds to pay off all outstanding bank debt and improve cash flow. An earnings call was scheduled for Oct 9, 2025 at 3:30 PM CT.
Educational Development Corporation (NASDAQ: EDUC) announced a 1st Amendment to the commercial real estate contract for the Hilti Complex dated October 1, 2025. The amendment extended the due-diligence period to October 6, 2025 and reduced the purchase price to $32,200,000. On October 6, 2025 the buyer delivered a Notice to Proceed, subject to conditions, waiving the buyer's escrow rights. Proceeds are planned to repay outstanding bank borrowings; closing is expected within the remaining 45-day period in the original contract.
The Complex is 402,000 rentable sq ft on 37 acres with ~183,800 sq ft leased to Hilti (15 years) and ~110,000 sq ft leased to Crusoe Energy (10 years). EDC will assign third-party leases and enter a separate triple-net lease for its occupied space at closing.
Educational Development Corporation (NASDAQ: EDUC) has scheduled its Fiscal Year 2026 Second Quarter Earnings Call for Thursday, October 9, 2025, at 4:30 PM ET. The company's leadership team, including CEO Craig White, Chief Sales and Marketing Officer Heather Cobb, and CFO Dan O'Keefe, will present quarterly results and conduct a Q&A session.
Investors can join via phone at (800) 717-1738 using Conference ID 43999. Audio replays will be available on the company's investor relations website after the event.
Educational Development Corporation (NASDAQ: EDUC) has executed a Commercial Real Estate Contract to sell its Tulsa headquarters and distribution warehouse (Hilti Complex) for $32.5 million. The transaction, expected to close after a 45-day due diligence period, excludes an adjacent land parcel.
The complex spans 402,000 square feet with existing tenants Hilti (183,800 sq ft) and Crusoe AI (110,000 sq ft). EDUC will lease back its space at $8.00 per square foot with 2.5% annual increases under a 10-year triple-net lease agreement. The sale proceeds will be used to pay off the company's Term Loans and Revolving Loan, improving monthly cash flows as interest savings will exceed rental payments.
Educational Development Corporation (NASDAQ: EDUC) has secured a Ninth Amendment to its Credit Agreement with BOKF, NA, extending the Revolving Loan maturity date to September 19, 2025. The extension aligns the revolving loan maturity with the company's existing real estate term loans.
CEO Craig White indicated that the company is exploring multiple solutions to pay off the line of credit, including potential sale or refinancing of the Hilti Complex. The company continues to make scheduled principal and interest payments on both Revolving and Term Loans.
Educational Development Corporation (NASDAQ: EDUC) reported its fiscal 2026 first quarter results, showing continued financial challenges. Net revenues declined to $7.1 million from $10.0 million year-over-year, while net loss improved slightly to $(1.1) million from $(1.3) million. The company's loss per share was $(0.13) compared to $(0.15) in the previous year.
EDUC implemented product discount promotions to increase cash flow, though this affected gross margins. The company is focusing on reducing excess inventory to pay down debt and meet lender requirements. Additionally, EDUC executed an amendment to the Hilti Complex Purchase Sale Agreement, extending the buyer's due diligence period. The completion of this sale is expected to fully retire outstanding debt balances.
Educational Development Corporation (NASDAQ: EDUC) has announced a revised schedule for its Fiscal Year 2025 earnings call, which will take place on Monday, May 19, 2025, at 3:30 PM CT (4:30 PM ET). The presentation will include a live Q&A webcast featuring key executives: CEO and President Craig White, Chief Sales and Marketing Officer Heather Cobb, and CFO and Secretary Dan O'Keefe. Participants can join via phone at (800) 717-1738 using Conference ID 95306. Audio replays will be available after the event on the company's investor relations website.
Educational Development (NASDAQ: EDUC) has announced key upcoming events for shareholders. The company will host its Fiscal Year 2025 Earnings Call on Wednesday, May 21, 2025 at 3:30 PM CT, featuring CEO Craig White, Chief Sales and Marketing Officer Heather Cobb, and CFO Dan O'Keefe.
The Annual Meeting of Shareholders is scheduled for July 2, 2025, at 10:00 AM CT at the Corporate Offices in Tulsa, Oklahoma. Shareholders of record as of May 12, 2025, will be eligible to vote on proxy matters. The company will distribute the Important Notice Regarding the Availability of Proxy Materials around May 27, 2025, which will include access to the Annual Report and Form 10-K for the fiscal year ended February 28, 2025.
FAQ
What is the current stock price of Education Dvel (EDUC)?
What is the market cap of Education Dvel (EDUC)?
