EDUC

Educational Development Corporation reported fiscal 2026 net revenues of $22.9 million and net earnings of $2.3 million ($0.27 EPS), including a $12.2 million gain on building sale, while achieving debt-free status after paying off $30.9 million in bank borrowings.

“We are debt free. Our company has always taken a conservative approach to operations, and we believe the cash flow gained from reducing surplus inventory and our cost cutting efforts position us well for future growth.”