Usborne Books

EDC Q3 2018 Revenue Up 4%; Usborne Books Up 2.3%

Educational Development Corporation (NASDAQ: EDUC) recently announced record net sales of $40.4 million for the third quarter ended November 30, 2018. CEO Randall White announced that for the fiscal third quarter ended November 30, 2018, the company had net revenues of $40,482,600, an increase of $1,572,700, or 4.0 percent, when compared to $38,909,900 for the…

Read More

Public Companies Faring Well Through First 3 Quarters of 2018

Wall Street

U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…

Read More

EDC Promotes Craig White, Heather Cobb

Craig White and Heather Cobb

Photo: Craig White and Heather Cobb Educational Development Corporation (EDC), the Tulsa, Okla.-based publishing company specializing in children’s books, recently announced the promotions of Craig White and Heather Cobb. White, a graduate of Oklahoma State University with over 23 years of experience with EDC, was promoted to chief operating officer. He began his career at…

Read More

DSN Announces the 2018 Global 100!

Since 2004 Direct Selling News has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. So it seemed only fitting for DSN to further recognize the industry by compiling a comprehensive list, starting in 2010, of the top direct selling companies in the world.

Read More

EDC Revenue Up Nearly 27% for Q3 2017

Educational Development Corporation (EDC) recently reported record net sales and earnings per share results for the third quarter ended November 30, 2017. Randall White, CEO of EDC, announced net revenues of $38,908,000, an increase of $8,210,400, or 26.7 percent, when compared to $30,697,600 for the third quarter of the previous year. Net earnings totaled $2,128,400 for…

Read More

EDC Q2 2018 Net Revenue Down 6.6%; Usborne Books Down 6.9%

Educational Development Corporation (EDC) recently reported record net sales and earnings per share results for the second quarter ended Aug. 31, 2017. Randall White, CEO of EDC, announced that the company had net revenues of $24,181,300, a decrease of $1,711,700, or 6.6 percent, when compared to $25,893,000 for the second quarter of the previous year.…

Read More