---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-077736"
form_type: "8-K"
ticker: "EACO"
cik: "0000784539"
company_name: "EACO CORP"
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:38:50.784048+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EACO posts record Q2 sales of $96.1M but net income drops 78% to $0.24 EPS

## Summary
- Net sales $96.1M, up 19.8% YoY; net income $1.18M, down 77.7% from $5.32M.
- Diluted EPS $0.24 vs $1.09 prior year, a 78% decline.
- Sales employees increased by 33 to 413 (8.5% YoY); sales focus teams rose by 2 to 110.
- Management expects continued headcount and SFT growth in FY2024.

## SEC filing metadata
- accession: 0001104659-24-077736
- form_type: 8-K
- ticker: EACO
- cik: 0000784539
- company_name: EACO CORP
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784539/000110465924077736/0001104659-24-077736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784539/000110465924077736/tm2418901d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-077736
- JSON: https://secwatch.observer/filing/0001104659-24-077736.json
- Plain text: https://secwatch.observer/filing/0001104659-24-077736.txt

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