EACO reports record net sales and net income for Q1-Q3 fiscal 2022

EACO CORP

Q1 (Nov 2021): net sales $63.8M (+19.5% YoY), net income $6.8M (incl. $3.4M ERC credit); EPS $1.39.
Q2 (Feb 2022): net sales $66.6M (+19.4%), net income $3.4M (+144.4%); EPS $0.70.
Q3 (May 2022): net sales $77.8M (+24.1%), net income $5.3M (+73.1%); EPS $1.09.
Sales headcount decreased YoY each quarter but SFT count stable; management cites market share gains.

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