Highest-materiality recent filing
EACO reports record Q3 net sales of $142.4M, net income up 42.6% YoY
Net sales $142.4M (+27.8% YoY); net income $13.6M (+42.6%); basic EPS $2.79 (+43.1%).
EACO posts record Q2 net sales of $117.8M, net income up 44.9% to $9.8M
Net sales $117.8M for Q2 ended Feb 28, 2026, up 17.7% YoY from $100.1M.
EACO subsidiary extends $20M revolver maturity to Feb 2028; parent guarantees
Bisco Industries amended its $20M revolving credit line with Citizens Business Bank, extending maturity to Feb 15, 2028.
EACO reports record Q1 net sales of $110.95M, net income up 35% YoY
Net sales $110.95M, up 18.1% YoY from $93.92M; net income $9.32M, up 35.3% from $6.89M.
EACO reports record annual net sales of $427.9M, net income $32.3M, EPS $6.63
Q4 net sales $122.5M (+26.9% YoY); net income $9.1M (+40.6%); EPS $1.87.
EACO Q3 record net sales $111.4M, net income up 704% YoY to $9.52M
Net sales $111.4M, up 15.9% YoY; net income $9.52M, up 703.6% YoY.
EACO reports record Q2 net sales of $100.1M, net income up 23% to $6.8M
Net sales $100.1M, +20.2% YoY; net income $6.8M, +23.0% YoY.
EACO reports record Q1 net sales of $93.9M, net income up 287% to $6.9M
Net sales $93.9M vs $80.3M a year ago, a 17.0% increase.
EACO posts record Q2 sales of $96.1M but net income drops 78% to $0.24 EPS
Net sales $96.1M, up 19.8% YoY; net income $1.18M, down 77.7% from $5.32M.
EACO subsidiary Bisco increases credit line to $20M, extends maturity to Feb 2026
Bisco Industries amended its line of credit with Citizens Business Bank, increasing the principal from $15M to $20M.
EACO completes $31M purchase of Anaheim property from CEO's trust
Closed $31M cash purchase of real property at 5037/5065 East Hunter Ave, Anaheim, CA from trust of CEO Glen Ceiley.
EACO reports record Q4 net sales ($85.9M) and net income ($6.1M); FY2023 sales up 9.2%
Q4 net sales of $85.9M (+1.8% YoY); net income of $6.1M (+4.7%); EPS $1.24 (+4.2%).
EACO subsidiary agrees to buy corporate HQ property from CEO's trust for $31M cash
Bisco Industries, wholly-owned subsidiary of EACO, entered Purchase Agreement for Anaheim HQ property from trust controlled by CEO Glen Ceiley for $31M cash.
EACO appoints Ellen Bancroft to board of directors effective June 6, 2023
Ellen Bancroft appointed to fill board vacancy, effective June 6, 2023.
EACO reports record Q2 net sales of $76.9M, net income up 49.7% to $5.1M
Net sales $76.9M for Q2 Feb 28, 2023, up 15.5% from $66.6M in prior year quarter.
EACO reports record Q1 net sales of $76.3M, net income down 30.6% YoY
Net sales $76.3M, up 19.6% YoY; net income $4.7M, down 30.6% YoY (prior year had $3.4M tax credit benefit).
EACO reports record FY2022 net sales $292.6M and net income $21.3M; EPS $4.37
Annual net sales $292.6M (+22.9% YoY); net income $21.3M (+154.1% YoY).
EACO reports record net sales and net income for Q1-Q3 fiscal 2022
Q1 (Nov 2021): net sales $63.8M (+19.5% YoY), net income $6.8M (incl. $3.4M ERC credit); EPS $1.39.
EACO dismisses Baker Tilly, hires Haskell & White; cites material weakness, delayed 10-K
Audit Committee dismissed Baker Tilly and engaged Haskell & White on Feb 16, effective Feb 17, 2022.
EACO delays Q1 10-Q filing due to ongoing 10-K audit issues
Q1 2022 10-Q filing delayed; company cites inability to complete financials without unreasonable effort.
The Board of Directors of EACO Corporation (the “Company”) has unanimously appointed Ellen Bancroft to serve as a director to fill the vacancy currently existing on the Board.
Max materiality 0.85 · Median 0.70 · Most common event earnings