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  September 5, 2001
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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Educational Development Corporation

Educational Development Corporation
Nasdaq: EDUC
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 PROFILE
Educational Development Corporation (EDC) likes being in a bind, as long as the cover appeals to youngsters. The company is the exclusive US distributor of a line of about 1,000 children's books published by the UK's Usborne Publishing Limited. EDC's Home Business Division markets the books to individuals using about 3,600 independent sales reps who sell through personal Web sites, home parties, direct sales, and book fairs; this division also distributes books to public and school libraries. EDC's Publishing Division distributes the Usborne line to a network of about 12,000 book, toy, and other retail stores. The company also offers Kid Kits, which combine books with related materials such as toys.

 COMPETITION
Golden Books Family Entertainment, Inc. (GBKFE)
Pearson plc (PSO)
Scholastic Corporation (SCHL)

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 FINANCIAL OVERVIEW
Fiscal Year-End: February
2001 Sales (mil.): 17.60
1-Yr. Sales Growth: 4.1%
Employees: 62
Revenue per employee: $283,870.97

 KEY PEOPLE
• Randall W. White
    CEO
• W. Curtis Fossett
    CFO

 CONTACT INFO
10302 E. 55th Place
Tulsa, OK 74146
US
Phone: 918-622-4522
Fax: 918-665-7919
Online: Web Site

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