EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
On May 10, 2017, Educational Development Corporation announced
via press release Quarter to Date 2017 revenues through April 30,
2017. A copy of the press release is furnished herewith as
Exhibit 99.1 and is incorporated herein by reference.
The information disclosed in this Item 2.02, including Exhibit
99.1 hereto, is being furnished and shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or otherwise subject to the
liabilities under that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act except as expressly set
forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) EXHIBITS
|
Exhibit Number |
Description |
|
99.1 |
Press release dated as of May 10, 2017 |
About EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC)
Educational Development Corporation (EDC) is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing). The UBAM Division distributes books nationwide through independent consultants, who hold book showings in individual homes, through social media, book fairs, direct sales and Internet sales. The Publishing Division markets books to bookstores (including national chains), toy stores, specialty stores, museums and other retail outlets throughout the country. The Company offers over 2,000 different titles, which include touchy-feely board books, activity and flashcards, adventure and search books, art books, sticker books and foreign language books. EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC) Recent Trading Information
EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC) closed its last trading session down -0.41 at 8.84 with 16,172 shares trading hands.
