|Company's Full Name:||Educational Development Corporation|
|Short Name:||Educational Development|
|Trading Ticker Symbol:||EDUC|
|Headquarter City/Country:||Oklahoma, OK|
|Primary Industry Sector:||Consumer Durables|
|Seconday Sub-sector:||Consumer Specialties|
|Main Business Areas:||Consumer Durables, Consumer Specialties, Consumer Cyclical, Publishing|
|Dividend Payments:||Dividend History|
|Current Share Price:||$6.18|
|Previous Year's Closing Price:||$8.53|
|Percentage Price Change (YTD):||-27.55%|
|Market Cap:||$52.33 million|
|52-week Price Range:||$5.61 - $11.07|
|Dividend Per Share:||$0.25|
Educational Development Corporation (EDC), incorporated on August 23, 1965, 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 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. The Company has a line of Internet-linked books, which allow readers to refer to relevant non-Usborne Websites. Its books include science and math titles, as well as chapter books and novels.
Usborne Books & More Division
The UBAM Division distributes books across the nation through independent consultants holding book showings in individual homes, through social media, book fairs, direct sales and Internet sales. The UBAM consultants also distribute these titles to school and public libraries.
The Publishing Division markets books to bookstores (including national chains), toy stores, specialty stores, museums and other retail outlets throughout the country. The Publishing Division's customer base includes national book chains, regional and local bookstores, toy and gift stores, school supply stores and museums. The Publishing Division also participates with certain customers in a cooperative advertising allowance program. Its products are featured in promotions, such as catalogs, offered by the vendor. EDC Publishing's in-house telesales group focuses on the smaller independent book and gift store market. The Company also offers approximately two display racks to assist stores in displaying its products. EDC Publishing markets its products on a wholesale basis to various retail accounts.
10302 E 55Th Pl #B
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