EACO Corporation
07/02/2026 | Press release | Distributed by Public on 07/02/2026 11:09
EACO CORPORATION REPORTS ALL TIME RECORD QUARTER NET SALES AND QUARTER NET INCOME (Form 8-K)
EACO CORPORATION REPORTS ALL TIME RECORD QUARTER NET SALES AND QUARTER NET INCOME
ANAHEIM, CALIFORNIA - EACO Corporation (OTCID:EACO) today reported the results for its quarter ended May 31, 2026.
Net sales, net income and earnings per share were as follows for the three months ended May 31, 2026 and 2025 (dollars in thousands, except per share information):
|
Three Months Ended May 31, |
% | |||||||||||
| 2026 | 2025 | Change | ||||||||||
| (unaudited) | (unaudited) | |||||||||||
| Net sales | $ | 142,350 | $ | 111,410 | 27.8 | % | ||||||
| Net income | $ | 13,565 | $ | 9,515 | 42.6 | % | ||||||
| Basic earnings per common share | $ | 2.79 | $ | 1.95 | 43.1 | % | ||||||
The Company had 491 sales employees at May 31, 2026, an increase of 48 employees or 11%, from the prior year quarter. The Company's sales force is divided into sales focus teams (SFT's). The Company had 122 SFT's as of May 31, 2026, eight more than the prior year quarter. Management anticipates continued growth in both our headcount and SFT's in fiscal year 2026. The Company believes it continues to gain market share globally through its local presence business model.
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