Form 8-K EDUCATIONAL DEVELOPMENT For: Nov 23

United States
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 23, 2015 (October 31, 2015)

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Educational Development Corporation
(Exact name of registrant as specified in its charter)

Delaware		0-4957		73-0750007
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

	10302 East 55th Place, Tulsa, Oklahoma		74146-6515
	(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code:   (918) 622-4522

N/A
(Former name or former address, if changed since last report)

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):
	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 2.02. Results of Operations and Financial Condition.

On November 23, 2015, Educational Development Corporation announced via press release, record unaudited net revenues for the month of October 2015. A copy of the press release is attached hereto.

Item 8.01. Other Events.

On November 23, 2015, Educational Development Corporation declares via press release, a quarterly dividend. A copy of the press release is attached hereto.

Item 9.01. Financial Statements and Exhibits.

(d) EXHIBITS

99.1 Press release dated as of November 23, 2015

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SIGNATURE

    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.

		Educational Development Corporation (Registrant)
November 23, 2015 (Date)		/s/   RANDALL W. WHITE Randall W. White President and Chief Executive Officer

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EXHIBIT INDEX

EXHIBIT NUMBER	DESCRIPTION
*99.1	Press release dated as of November 23, 2015

*Filed herewith.

EXHIBIT 99.1

Educational Development Corporation Announces Record Unaudited Net Revenues for Month of October and Declaration of Quarterly Dividend

TULSA, Okla., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Randall White, CEO, Educational Development Corporation ("EDC") (NASDAQ: EDUC) (http://www.edcpub.com) announces record net revenues for the month of October, 2015, of $8,515,000 compared to $3,627,100 for October last year, an increase of 136%. Usborne Books & More (UBAM) led the way with $7,553,200 compared to $2,563,800 for October last year, an increase of 195%. The EDC Publishing Division sales were off due to timing differences from when orders are received from customers.

Mr. White states that preliminary, unaudited results for September and October indicate a significant improvement in operational margins which resulted from the increased net revenue and cost saving programs previously implemented. The increase in UBAM's net revenue was also due to 10,000 new sales associates joining the organization from June 2015 through October 30th, 2015, which now number over 16,000.

The increase in net revenues has continued and the Company expects another record month in excess of $10,000,000 for the month of November 30, 2015, which would result in net revenues for the third quarter ending November 30th, 2015, in excess of $24,000,000. Preliminary results indicate the quarter will produce net earnings of $0.37-0.40 cents per share, which compares to the same quarter last year of net revenues $10,936.700 and earnings per share of $0.13 cents per share.

The Board of Directors has authorized a $0.09 per share cash dividend, which will be paid on December 18, 2015 to shareholders of record December 11, 2015.

About Educational Development Corporation

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. More than 1,600 different titles are available for children of all ages, with periodic new additions.

CONTACT: Educational Development Corporation
         Randall White, (918) 622-4522

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