EDUC

Educational Development Corporation (NASDAQ:EDUC) is a children's educational book publisher and distributor founded in 1965 and headquartered in Tulsa, Oklahoma. The company went public in 1980 and has operated for nearly six decades as a specialized publisher focusing on educational materials for children. EDUC has built its business around two main segments: a traditional publishing division and a direct-sales network called Usborne Books & More (UBAM), which was rebranded to PaperPie in recent years. The company has faced significant challenges in recent years, including declining sales, reduced consultant networks, and financial pressures that have led to inventory management issues and the pursuit of asset sales to improve liquidity.