---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-114215"
form_type: "8-K"
ticker: "EACO"
cik: "0000784539"
company_name: "EACO CORP"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:53:48.488465+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EACO reports record Q4 net sales ($85.9M) and net income ($6.1M); FY2023 sales up 9.2%

## Summary
- Q4 net sales of $85.9M (+1.8% YoY); net income of $6.1M (+4.7%); EPS $1.24 (+4.2%).
- FY2023 net sales of $319.4M (+9.2%), a record; net income $21.2M (-0.6% vs prior year).
- Sales headcount rose 49 to 394 employees (+14%); sales focus teams increased to 107.
- Management expects continued growth in headcount and SFTs in fiscal 2024.

## SEC filing metadata
- accession: 0001104659-23-114215
- form_type: 8-K
- ticker: EACO
- cik: 0000784539
- company_name: EACO CORP
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784539/000110465923114215/0001104659-23-114215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784539/000110465923114215/tm2329827d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-114215
- JSON: https://secwatch.observer/filing/0001104659-23-114215.json
- Plain text: https://secwatch.observer/filing/0001104659-23-114215.txt

## Key facts
- Earnings Releases
  EACO CORP reported three months ended August 31, 2023 results: revenue $85,904, net income $6,055, EPS $1.24.
  - Period: three months ended August 31, 2023
  - Revenue: $85,904
  - Net income: $6,055
  - EPS: $1.24
  - Result: reported results
  source text: Net sales, net income and earnings per share were as follows for the year ended August 31, 2023 (dollars in thousands, except per share information): Three Months Ended August 31, % 2023 2022 Change (unaudited) (unaudited) Net sales $ 85,904 $ 84,356 1.8 % Net income $ 6,055 $ 5,785 4.7 % Basic and diluted earnings per common share $ 1.24 $ 1.19 4.2 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/784539/000110465923114215/0001104659-23-114215-index.htm
- Earnings Releases
  EACO CORP reported the year ended August 31, 2023 results: revenue $319,397, net income $21,185, EPS $4.34.
  - Period: the year ended August 31, 2023
  - Revenue: $319,397
  - Net income: $21,185
  - EPS: $4.34
  - Result: reported results
  source text: Year Ended August 31, % 2023 2022* Change (unaudited) Net sales $ 319,397 $ 292,562 9.2 % Net income $ 21,185 $ 21,308 (0.6 %) Basic and diluted earnings per common share $ 4.34 $ 4.37 (0.7 %)
  evidence_url: https://www.sec.gov/Archives/edgar/data/784539/000110465923114215/0001104659-23-114215-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.