Quarterly ResultJul 9, 2026, 12:31 PM
EACO Q3 Net Sales Up 27.8% to $142.35M; EPS $2.77
AI Summary
EACO Corporation reported strong financial results for the third quarter ended May 31, 2026, with net sales increasing by 27.8% to $142.35 million and diluted EPS rising to $2.77. For the nine-month period, net sales grew by 21.5% to $371.14 million, and diluted EPS reached $6.67. The company also extended its revolving credit facility and noted the full payment of a class action lawsuit settlement in September 2025.
Key Highlights
- Net sales for the three months ended May 31, 2026, increased 27.8% to $142.35 million.
- Diluted earnings per common share for the quarter rose to $2.77 from $1.94 year-over-year.
- Net sales for the nine months ended May 31, 2026, grew 21.5% to $371.14 million.
- Diluted earnings per common share for the nine months reached $6.67, up from $4.73.
- Total assets increased to $268.09 million as of May 31, 2026, from $230.15 million.
- Total shareholders' equity grew to $188.48 million from $155.85 million.
- Net cash provided by operating activities for the nine months was $4.53 million.
- The revolving credit facility was extended to February 15, 2028.
Price Impact
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