EDUCATIONAL DEVELOPMENT CORP (EDUC) Form 8-K — Oct 14, 2026
$EDUCForm 8-KItems 2.02, 7.01, 9.01Filed Oct 14, 2026, 4:00 PM ET0001185185-26-004750Original filing
Educational Development Corporation (NASDAQ: EDUC) reported fiscal 2027 Q2 net revenues of $4.1 million, down 12% from $4.6 million a year earlier, with a net loss of $(1.6) million versus $(1.3) million prior year. Year-to-date revenue fell to $8.8 million from $11.7 million, with a net loss of $(3.0) million versus $(2.4) million, though pre-tax losses narrowed on expense reductions under a $1.2 million cost-cutting plan.
Key figures
- Revenue
- 4070300
- Cash Position
- 1200000
- Ytd revenue
- 8826100
- Q2 prior year revenue
- 4621100
- Ytd prior year revenue
- 11727500
- Active brand partners q2
- 5100
- Cost reduction plan target
- 1200000
- Assets held for sale writeoff
- 100000
- Active brand partners growth h1
- 19% (4,300 to 5,100)
- Deferred tax asset gain per share
- 0.28
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