Educational Development Corp $EDUC

What the company doesAI summary of filing

Educational Development Corporation owns and publishes Kane Miller children's books, Learning Wrap-Ups educational manipulatives, and SmartLab Toys STEAM-based products, and is the exclusive U.S. multi-level marketing distributor of Usborne children's books. The company generates revenue through two segments: the Direct Sales Division (PaperPie), which sells products through approximately 4,300 independent Brand Partners via home parties, social media, book fairs, and events; and the Publishing Division (EDC Publishing), which markets products through commissioned representatives and in-house staff to approximately 4,000 retail outlets including bookstores, toy stores, and specialty retailers. The company's catalog contains approximately 2,000 titles, many of which are interactive and educational in nature, with sales concentrated in the fall holiday season and spring. The company is revenue-generating with fiscal year 2026 net revenues split 84% from PaperPie and 16% from Publishing. [10-K 2026-05-19]

Segments: PaperPie (Direct Sales Division), EDC Publishing (Publishing Division), Kane Miller, SmartLab Toys