EACO Corp.
73.00-1.00 (-1.35%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCPK · EACO · USD
Key Stats
Market Cap
354.90MP/E (TTM)
12.07Basic EPS (TTM)
6.05Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
EACO Corporation posted solid Q3 FY2025 results, with net sales climbing 15.9% year-over-year to $111.4M, fueled by a beefed-up sales force of 435 personnel versus 399 last year, while gross margin expanded to 30.6% from 29.1% on better vendor ties and stocked inventory. Operating income surged to $12.4M from $1.6M, thanks to SG&A dropping 17.8% after lapping a hefty legal accrual, yielding diluted EPS of $1.94—up sharply from $0.24 and aligning with 4.9M diluted shares. YTD through May 31, 2025, sales rose 17.6% to $305.5M, with operating income at $30.4M versus $11.5M prior, and EPS at $4.73. Cash swelled to $7.3M from $0.8M at fiscal year-end, bolstered by $9.4M operating cash flow, though free cash flow stood at $8.8M after $0.6M capex; total debt ticked up slightly to $4.6M under a $20M line with ample availability and no covenant breaches. Sales to Asia made up 41% of international revenue, which hit 11% of total. Yet a pending $7.5M class action settlement payout looms as a cash drain.
8-K
Record Q3 sales, income surge
EACO Corporation reported record Q3 net sales of $111.4 million, up 15.9% from $96.1 million last year, driven by a 9% sales force expansion to 435 employees and four additional sales focus teams. Net income soared 703.6% to $9.5 million, with earnings per share hitting $1.95, thanks to lower operating expenses. Growth persists. Yet, hiring and market acceptance pose risks amid tariff pressures.
10-Q
Q2 FY2025 results
EACO Corporation posted solid Q2 FY2025 results, with net sales climbing 20.2% year-over-year to $100.1M, fueled by expanded sales headcount and ample inventory meeting demand, while gross margin held steady at 29.5% despite larger orders trimming it slightly from 30.0%. Operating income rose 22.5% to $9.1M, driving diluted EPS up 23.2% to $1.38 on consistent 4.9M shares, with YTD figures aligning at $2.79 EPS from $194.1M sales (18.6% y/y growth). Cash dipped to $0.5M amid inventory buildup, but a $20M undrawn line of credit and $15.1M in trading securities bolster liquidity, alongside $4.3M in low-rate debt maturing 2027. The prior Hunter Property buy for $31M cash eliminated lease costs but triggered a one-time $3.9M impairment last year. Tariffs on imports pose risks to supply chain costs.
8-K
Record Q2 sales surge
EACO Corporation reported record Q2 net sales of $100.1 million, up 20.2% from $83.3 million last year, driving net income to $6.8 million—a 23.0% jump. Sales staff grew 7% to 445, with 114 focus teams boosting local market penetration. Yet cash dipped to $499,000 amid inventory buildup. Management eyes further headcount expansion in fiscal 2025, tempered by hiring risks.
10-Q
Q1 FY2025 results
EACO Corporation posted solid Q1 FY2025 results, with net sales climbing 17.0% year-over-year to $93.9M, fueled by 13 additional sales employees and stronger inventory availability that boosted customer orders. Gross margin held steady at 29.6%, edging up 0.2 points, while operating income surged to $8.8M from $2.4M after skipping last year's $3.9M lease impairment hit. Diluted EPS matched basic at $1.41, confirmed against 4.9M weighted shares with no anti-dilution quirks. Cash from operations hit $2.0M, down from $0.3M amid inventory builds, yet the firm sits on $20.5M in trading securities and a full $20M revolver availability, with $4.3M in low-rate term debt maturing through 2027. No M&A this quarter. Still, reliance on spot orders leaves revenue exposed to customer pullbacks.
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