Educational Development Corp. closed the third quarter ended November 30 with the highest quarterly sales in its history. Total revenue in the period rose 30% over last year's third quarter, to $7.8 million. Growth was led by EDC's home business division, which had a 39% sales gain, to $6.2 million. Sales in the publishing division increased 6.4%, to $1.6 million.

The company posted sales of $3.2 million in November, breaking a record for a single month that had been set in October.