EDUCATIONAL DEVELOPMENT CORP current report, Q1 FY2021

Business Context and Reporting Period

Company: Educational Development Corporation (EDUC)

Filing Type: Form 8-K (Current Report)

Date of Report: January 11, 2021

Reporting Period: Fiscal 2021 Third Quarter and Year-to-Date results.

Key Financial Metrics

The filing serves as a notification of results announced via press release (Exhibit 99.1) and does not contain specific numerical data within the text provided.

  • Revenue, Profit, Cash Flow, Margins: The filing text does not provide a clear value; these metrics are contained in the referenced press release.
  • Debt and Liquidity: The filing text does not provide a clear value.
  • Dividend: Declared a quarterly dividend of $0.10 per share.

Material Changes

The filing text does not provide a clear value regarding specific material changes in financial performance versus the prior comparable period. It only confirms the announcement of the fiscal 2021 third quarter and year-to-date results.

Guidance, Outlook, and Other Events

  • Earnings Call: Scheduled for January 14, 2021, at 3:00 PM CT (4:00 PM ET).
  • Dividend Declaration: A quarterly dividend of $0.10 per share was declared on January 11, 2021.
  • Regulation FD: The results were disclosed to comply with Regulation FD.
  • Risks and Contingencies: The filing text does not provide a clear value regarding specific risks or contingencies beyond standard legal disclaimers.

Investor Verification Checklist

  • Review Exhibit 99.1 (Press Release) for specific revenue, net income, and margin figures for Q3 and YTD Fiscal 2021.
  • Verify the record date and payment date for the declared $0.10 per share dividend.
  • Attend or review the transcript of the earnings call held on January 14, 2021, for management commentary and guidance.
  • Compare the announced results against prior year periods to assess material changes in performance.