<SEC-DOCUMENT>0001171843-14-005755.txt : 20141203
<SEC-HEADER>0001171843-14-005755.hdr.sgml : 20141203
<ACCEPTANCE-DATETIME>20141202175255
ACCESSION NUMBER:		0001171843-14-005755
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141202
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20141203
DATE AS OF CHANGE:		20141202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EDUCATIONAL DEVELOPMENT CORP
		CENTRAL INDEX KEY:			0000031667
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190]
		IRS NUMBER:				730750007
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-04957
		FILM NUMBER:		141261671

	BUSINESS ADDRESS:	
		STREET 1:		10302 E 55TH PL #B
		CITY:			TULSA
		STATE:			OK
		ZIP:			74146
		BUSINESS PHONE:		9186224522

	MAIL ADDRESS:	
		STREET 1:		PO BOX 470663
		CITY:			TULSA
		STATE:			OK
		ZIP:			741460663

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TUTOR TAPES INTERNATIONAL CORP
		DATE OF NAME CHANGE:	19701030

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL TEACHING TAPES INC
		DATE OF NAME CHANGE:	19701030
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>document.htm
<DESCRIPTION>FORM 8-K FILING DOCUMENT
<TEXT>
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	<head>
		<title>Form 8-K Filing</title>
	</head>

	<body>
		<p align="center"><font size="5"><b>United States<br>
					SECURITIES AND EXCHANGE COMMISSION<br>
				</b></font></p>
		<p align="center"><font size="3"><b>Washington, D.C. 20549</b><br>
			</font></p>
		<hr noshade="1" width="150" align="center">
		<p align="center"><font size="5"><b>FORM 8-K</b><br>
			</font></p>
		<hr noshade="1" width="150" align="center">
		<p align="center"><font size="3"><b>CURRENT REPORT</b><br>
			</font></p>
		<p align="center"><font size="3"><b>Pursuant to Section&nbsp;13 OR 15(d) of<br>
					The Securities Exchange Act of 1934</b><br>
			</font></p>
		<p align="center"><font size="3">Date of Report (Date of earliest event reported) <b>December 2, 2014 </b><br>
			</font></p>
		<hr noshade="1" width="150" align="center">
		<p align="center"><font size="5"><b>Educational Development Corporation</b></font><br>
			<font size="2">(Exact name of registrant as specified in its charter) </font></p>
		<!-- Registrant's State of Inc, File and IRS Number -->
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="32%" align="center"><br>
					<font size="2"><b>Delaware</b></font></td>
				<td width="3%">&nbsp;</td>
				<td width="32%" align="center"><br>
					<font size="2"><b>0-4957</b></font></td>
				<td width="3%">&nbsp;</td>
				<td width="32%" align="center"><br>
					<font size="2"><b>73-0750007</b></font></td>
			</tr>
			<tr valign="top">
				<td width="32%" align="center"><font size="2">(State or other jurisdiction<br>
						of incorporation) </font></td>
				<td width="3%">&nbsp;</td>
				<td width="32%" align="center"><font size="2">(Commission File Number) </font></td>
				<td width="3%">&nbsp;</td>
				<td width="32%" align="center"><font size="2">(IRS Employer Identification No.) </font></td>
			</tr>
		</table>
		<!-- Registrant's Postal Addess and Zip Code --><br>
		<br>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="19%">&nbsp;</td>
				<td width="47%" align="center"><br>
					<font size="2"><b>10302 East 55th Place, Tulsa, Oklahoma</b></font></td>
				<td width="2%">&nbsp;</td>
				<td width="13%" align="center"><br>
					<font size="2"><b>74146-6515</b></font></td>
				<td width="19%">&nbsp;</td>
			</tr>
			<tr valign="top">
				<td width="19%">&nbsp;</td>
				<td width="47%" align="center"><font size="2">(Address of principal executive offices) </font></td>
				<td width="2%">&nbsp;</td>
				<td width="13%" align="center"><font size="2">(Zip Code) </font></td>
				<td width="19%">&nbsp;</td>
			</tr>
		</table>
		<p align="center"><font size="2">Registrant's telephone number, including area code: &nbsp; <b>(918) 622-4522</b></font></p>
		<p align="center"><font size="2"><br>
			<br>
			N/A<br>
			(Former name or former address, if changed since last report)</font></p>
		<!-- Simultaneous filing obligation checkboxes --><br>
		<br>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td colspan="3"><font size="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font></td>
			</tr>
			<tr valign="top">
				<td width="5%">&nbsp;</td>
				<td><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td><font size="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></td>
			</tr>
			<tr valign="top">
				<td width="5%">&nbsp;</td>
				<td><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td><font size="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></td>
			</tr>
			<tr valign="top">
				<td width="5%">&nbsp;</td>
				<td><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td><font size="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></td>
			</tr>
			<tr valign="top">
				<td width="5%">&nbsp;</td>
				<td><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td><font size="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></td>
			</tr>
		</table>
		<hr noshade="1">

		<p><font size="3"><b><p><font size="3"><b>Item 2.02. Results of Operations and Financial Condition.</b></font></p></b></font></p>
		<p><font size="2"><P >
	On December 2, 2014, Educational Development Corporation announced, via press release, unaudited third quarter results for fiscal 2015.  A copy of the press release is attached.</P>
</font></p>

		<p><font size="3"><b><p><font size="3"><b>Item 9.01. Financial Statements and Exhibits.</b></font></p></b></font></p>
		<p><font size="2"><table border="0" cellpadding="0" cellspacing="0">

		<tr>
			<td valign="top" width="42">
				<P >
					(d)</P>
			</td>
			<td valign="top" width="549">
				<P >
					EXHIBITS</P>
			</td>
		</tr>
		<tr>
			<td valign="top" width="42">
				<P >
					 </P>
			</td>
			<td valign="top" width="549">
				<P >
					 </P>
			</td>
		</tr>
		<tr>
			<td valign="top" width="42">
				<P >
					 </P>
			</td>
			<td valign="top" width="549">
				<P >
					99.1 Press release dated as of December 2, 2014</P>
			</td>
		</tr>

</table>
</font></p>
		<hr noshade="1">
		<!-- Registrant's Signature -->
		<p align="center"><font size="3"><b>SIGNATURE</b> </font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </font></p>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="47%">&nbsp;</td>
				<td width="5%">&nbsp;</td>
				<td width="47%" align="center"><font size="2"><b>Educational Development Corporation</b></font>
					<hr noshade="1">
					<font size="2">(Registrant)<br>
						<br>
					</font></td>
			</tr>
			<tr valign="top">
				<td width="47%" align="center"><font size="2"><b>December 2, 2014</b></font>
					<hr noshade="1">
					<font size="2">(Date) </font></td>
				<td width="5%">&nbsp;</td>
				<td width="47%" align="center"><font size="2"><b>/s/ &nbsp; RANDALL W. WHITE</b></font>
					<hr noshade="1">
					<font size="2">Randall W. White</font><br>
					<font size="2"><i>President and Chief Executive Officer</i></font></td>
			</tr>
		</table>
		<hr />
<P  align="center">
	<P  align="center">
		<P  align="center">
			EXHIBIT INDEX</P>
		<P >
			 </P>
		<table border="0" cellpadding="0" cellspacing="0">

				<tr>
					<td valign="top" width="86">
						<P >
							EXHIBIT<u> NUMBER</u></P>
					</td>
					<td valign="top" width="552">
						<P >
							 </P>
						<P >
							<u>DESCRIPTION</u></P>
					</td>
				</tr>
				<tr>
					<td valign="top" width="86">
						<P >
							 </P>
					</td>
					<td valign="top" width="552">
						<P >
							 </P>
					</td>
				</tr>
				<tr>
					<td valign="top" width="86">
						<P >
							*99.1</P>
					</td>
					<td valign="top" width="552">
						<P >
							Press release dated as of December 2, 2014</P>
					</td>
				</tr>

		</table>
		<P >
			 </P>
		<P >
			<u>________</u></P>
		<P >
			*Filed herewith.</P>
	</P>
</P>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>newsrelease.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<html><head><title>Educational Development Corporation Announces Historic Record Net Revenues for Month and Third Quarter Ended November 2014</title></head><body><p align="right">EXHIBIT 99.1</p><h3 align="center">Educational Development Corporation Announces Historic Record Net Revenues for Month and Third Quarter Ended November 2014</h3><p>TULSA, Okla., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Educational Development Corporation ("EDC") (Nasdaq:EDUC) (http://www.edcpub.com) today reports historic record net revenues for the month and quarter ended November 2014.</p><p>
	Randall White, CEO of Educational Development Corporation, announces record net revenues of $10.9 million for the quarter ended November 2014, the largest quarterly net revenues in the Company's history, compared to the previous high of $10.2 million recorded for quarter ended November 2004. Net revenues for November, $4.4 million were also a record month for the Company compared with the previous monthly high of $4.1 million for November 2005. &#160;EDC was led by the home business division, Usborne Books &amp; More (UBAM), which recorded a 49% increase in the fiscal quarter ended November 2014. &#160;Usborne Books &amp; More has now recorded 18 consecutive months of growth, with the past five months, July through November 2014, each posting monthly gains in excess of 40% over the same months in 2013.</p><p>
	The trade publishing division, EDC Publishing, recorded net revenues of just under $1 million for the month of November and is on track to exceed last fiscal year's record sales level which is in direct contrast to the industry segment which is down 8%.</p><p>
	Improved shipping rates negotiated during the quarter will materially affect the earnings for the existing quarter and future quarters.</p><p>
	<strong><u>About Educational Development Corporation</u></strong></p><p>
	Educational Development Corporation sells children's books, including Usborne Books and the Kane Miller line of international children's titles through a multi-level sales organization of independent consultants, through 5,000 retail stores and over the Internet. &#160;More than 1,600 different titles are available for children of all ages, with periodic new additions.</p><pre>CONTACT: Educational Development Corporation
         Randall White, (918) 622-4522</pre></body></html>
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</SEC-DOCUMENT>
