Publishing
Search documents
Educational Development Corporation Announces Fiscal 2026 Second Quarter and Year to Date Results
Newsfile· 2025-10-09 20:00
Core Insights - Educational Development Corporation (EDC) reported financial results for the fiscal second quarter ended August 31, 2025, showing a decline in net revenues and active brand partners compared to the previous year [1][6][10] Financial Performance - Net revenues for the second quarter were $4.6 million, down from $6.5 million in the prior year, representing a decrease of approximately 29% [6][8] - Year-to-date net revenues totaled $11.7 million, compared to $16.5 million in the same period last year, reflecting a decline of about 29% [6][8] - The average number of active PaperPie Brand Partners decreased to 5,800 from 13,900 year-over-year for the second quarter [6][8] - The company reported a net loss of $(1.3) million for the second quarter, an improvement from a net loss of $(1.8) million in the prior year [6][8] - Loss per share improved to $(0.15) from $(0.22) on a fully diluted basis for the second quarter [6][8] Strategic Initiatives - The CEO announced the sale of the Hilti Complex, expected to be completed in mid-November, with proceeds aimed at paying off outstanding bank debt [4] - The company is focusing on reducing overall inventory levels while planning to purchase out-of-stock items and new titles to drive revenue growth [4] - EDC aims to return to profitability by reducing operating costs and increasing sales through strategic initiatives with the IT department to enhance Brand Partner success [4][6]
Educational Development Corporation Announces 1st Amendment to Real Estate Contract and Receipt of Buyers Intent to Proceed with Purchase of Real Estate
Newsfile· 2025-10-06 21:47
Core Points - Educational Development Corporation (EDC) has amended its real estate contract with 10Mark 10K Industrial, LLC, extending the due diligence period and reducing the purchase price of the Hilti Complex to $32,200,000 [1][2] - The buyer has issued a notice to proceed with the purchase, waiving certain rights under the contract [2] - The sale proceeds will be used to pay off outstanding bank balances, improving the company's cash flow by eliminating monthly mortgage payments and reducing borrowings [3] Company Overview - EDC specializes in children's publishing and owns brands such as Kane Miller Books, Learning Wrap-Ups, and SmartLab Toys, with products sold through 4,000 retail outlets and independent brand partners [4] Property Details - The Hilti Complex consists of 402,000 square feet of rentable space on 37 acres, with significant portions leased to Hilti and Crusoe Energy [3]
Should Investors Add John Wiley & Sons (WLY) to Their Dividend Champions Portfolio?
Yahoo Finance· 2025-10-05 19:30
Core Insights - John Wiley & Sons (NYSE: WLY) is recognized as one of the Best Dividend Stocks for a Dividend Champions List [1] - The company has transitioned from traditional publishing to digital content, focusing on online courses and study aids [2] Revenue Streams - Approximately 48% of John Wiley & Sons' revenue is derived from recurring streams, highlighting its shift towards digital subscriptions and global partnerships [3] - The growth strategy includes maintaining high recurring revenue, strengthening relationships with professional societies, expanding internationally, and leveraging growth in open-access and AI-driven publishing [3] Dividend Performance - John Wiley & Sons has a strong dividend history, having announced a quarterly payout of $0.355 per share, consistent with previous dividends [4] - The company has increased its dividend for 32 consecutive years, with a current yield of 3.54% as of October 2 [4]
Scholastic Corporation (SCHL): An Overlooked Dividend Capture Opportunity in October
Yahoo Finance· 2025-09-30 18:23
Core Viewpoint - Scholastic Corporation (NASDAQ:SCHL) is recognized as a strong candidate for high-yield stock investments in October, despite facing challenges related to funding uncertainties in public schools [1][2]. Financial Performance - The education solutions unit of Scholastic experienced a significant revenue decline of 28%, dropping to slightly over $40 million due to funding uncertainties in public schools [2]. - Despite these challenges, the company has maintained its fiscal year guidance, projecting adjusted EBITDA between $160 million and $170 million, with an expected revenue increase of 2% to 4% compared to the previous fiscal year [3]. Dividend Information - Scholastic announced a quarterly dividend of $0.20 per share on September 17, with a current dividend yield of 2.9% as of September 27 [4]. - The stock will trade ex-dividend on October 31, 2023, making it an attractive option for dividend capture [4].
John Wiley & Sons’ (WLY) Dividend History and What it Means for October Buyers
Yahoo Finance· 2025-09-30 17:56
Core Insights - John Wiley & Sons, Inc. (NYSE:WLY) is recognized as one of the Best High Yield Stocks to Buy in October [1] - The company generates a significant portion of its revenue from digital and online products, accounting for 83% of Adjusted Revenue in FY2025 [2] - The company has a strong focus on digital transformation, aiming to enhance recurring revenue streams and expand international partnerships [3] Financial Performance - John Wiley & Sons is currently paying a quarterly dividend of $0.355 per share, marking a 0.7% increase in June, which is the 32nd consecutive year of dividend increases [4] - The dividend yield stands at 3.56% as of September 27 [4]
New York Times Bestselling Author of If You Give a Mouse a Cookie Publishes Corgi Picture Book with Michael Sampson Books
Businesswire· 2025-09-27 13:00
Core Insights - Laura Numeroff, a New York Times bestselling author, has released a new picture book titled "Max and Mama," illustrated by Masha Sudovykh, which emphasizes the bond between mother and son [1][2] - The book features engaging illustrations of corgis and aims to promote early childhood literacy through playful writing and relatable daily activities [1][2] - "Max and Mama" encourages children to embrace challenges and celebrate family connections [1] Publishing Industry - Laura Numeroff is renowned for her series based on "If You Give a Mouse a Cookie," which has sold over 72 million copies and has been adapted into an animated TV series [2] - The success of Numeroff's previous works includes significant recognition, such as being featured by celebrities and First Ladies during notable events [2] - The new release is positioned as a heartwarming addition to children's literature, appealing to both young readers and their families [2][4] Market Position - Michael Sampson Books is the publisher of "Max and Mama," indicating a focus on children's literature and family-oriented themes [1][4] - The book is part of a broader trend in the publishing industry that emphasizes social and emotional learning through engaging storytelling [7] - The release aligns with current market interests in books that foster family bonds and support early literacy [1][2]
Trusts & Estates: October 2025 Digital Edition
Wealth Management· 2025-09-25 14:29
WealthManagement.com is part of the Informa Connect Division of Informa PLCINFORMA PLC|ABOUT US|INVESTOR RELATIONS|TALENTThis site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726. ...
Wiley Announces Quarterly Dividend; Recently Raised Dividend for the 32nd Consecutive Year
Businesswire· 2025-09-25 11:30
Core Points - Wiley has declared a quarterly cash dividend of $0.355 per share, marking the 32nd consecutive year of dividend increases, with an annual dividend now at $1.42 per share, up from $1.41 in Fiscal 2025 [1][9] - The company has approved a $250 million share repurchase authorization, an increase from the previous $200 million authorization in 2020 [2] - For Fiscal 2025, Wiley allocated $76 million to dividends and $60 million to share repurchases [2] - In the first quarter of Fiscal 2026, Wiley reported revenue of $397 million, a decrease from $404 million due to divested businesses, but operating income increased by 7% to $31 million [7]
RELX: Price Correction Represents A Buying Opportunity (NYSE:RELX)
Seeking Alpha· 2025-09-22 15:30
Core Viewpoint - RELX PLC is considered a "Buy" due to its current share price being undervalued, primarily attributed to unwarranted concerns related to AI [1]. Group 1: Company Overview - RELX PLC is listed on both NYSE and LSE, indicating its international presence and appeal to a broad range of investors [1]. - The stock is currently trading at a significant discount compared to its listed peers, presenting a potential investment opportunity [1]. Group 2: Investment Strategy - The focus is on identifying value stocks in Asia, particularly those with substantial discrepancies between market price and intrinsic value [2]. - The investment strategy emphasizes deep value balance sheet bargains and wide moat stocks, which are characterized by strong competitive advantages and earnings power [2].
RELX: Price Correction Represents A Buying Opportunity
Seeking Alpha· 2025-09-22 15:30
Core Viewpoint - RELX PLC (NYSE: RELX) is considered a "Buy" due to its current share price being undervalued, primarily attributed to unwarranted concerns related to AI [1]. Group 1: Company Overview - RELX PLC is trading at a significant discount compared to its listed peers, presenting a favorable entry point for investors [1]. Group 2: Investment Strategy - The investment focus is on identifying Asia-listed stocks with substantial discrepancies between market price and intrinsic value, particularly in the Hong Kong market [2]. - The strategy emphasizes deep value balance sheet bargains and wide moat stocks, which include high-quality businesses and hidden champions [2].